Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT 49,620 cages Sales price: $3.80 per unit Production time Wages Raw materials (total cost) Component parts (total cost) INPUT Units sold Sales (dollars) Find the total productivity in units sold and dollars of sales per dollar input. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Total Productivity 640 labor hours $ 7.80 per hour per dollar input per dollar input $31,250 $15,450

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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Live Trap Corporation received the data below for its rodent cage production unit.
OUTPUT
49,620 cages
Sales price: $3.80 per unit
Production time
Wages
Raw materials (total cost)
Component parts (total cost)
INPUT
Units sold
Sales (dollars)
Find the total productivity in units sold and dollars of sales per dollar input.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Total Productivity
640 labor hours
$7.80 per hour
$31,250
$15,450
per dollar input
per dollar input
Transcribed Image Text:Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT 49,620 cages Sales price: $3.80 per unit Production time Wages Raw materials (total cost) Component parts (total cost) INPUT Units sold Sales (dollars) Find the total productivity in units sold and dollars of sales per dollar input. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Total Productivity 640 labor hours $7.80 per hour $31,250 $15,450 per dollar input per dollar input
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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing