Profile Productivity Measurement Objective In 20x2, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the effect on the company’s productivity:   20x1 20x2 Number of units produced 660,000 480,000 Labor hours used 220,000 120,000 Materials used (lbs.) 1,885,714 1,200,000 Required: 1. Calculate the productivity profile for 20x1. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 20x1 Profile   Labor productivity ratio fill in the blank 1 Material productivity ratio fill in the blank 2 2. Calculate the productivity profile for 20x2. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 20x2 Profile   Labor productivity ratio fill in the blank 3 Material productivity ratio fill in the blank 4 3. What if the labor hours used in 20x2 were 157,500? What does comparison of the 20x1 and 20x2 profiles now communicate? If required, round your answers to two decimal places. Partial Operational Productivity Ratios 20x1 Profile 20x2 Profile   Labor productivity ratio fill in the blank 5 fill in the blank 6 Material productivity ratio fill in the blank 7 fill in the blank 8

1

1

Please do not give solution in image format thanku

Haresh

Please do not give solution in image format thanku

Solve the questions answer of number 3 & 4

Question 2 Like Company manufactures a number of products. The standards relating to one of these products are shown below, along with actual cost data for May.   Standard cost per unit Actual costs used in production of 12,000 units Direct materials 1.80 feet at $6.00 per foot 24,000 feet purchased at a total cost of $139,800, used only 21,000 feet in production Direct labor 1.8 hours at $18.00 per hour 22,800 hours at $17.40 per hour. Variable overhead 1.8 hours at $10.00 per hour 22,800 hours at a total cost of $250,800 Required: 1, Compute the total standard costs and total actual costs for May’s production. How much is the difference in the total cost and unit cost? (Actual material costs should include actual costs of the materials used in production.) 2, Compute the following variances for May: a, Materials quantity and price variances.b, Labor efficiency and rate variances.c, Variable overhead…