Productivity Quiz 2 key

Productivity Quiz 2 key - 2. What is the input value?...

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1 Productivity Quiz  10,000 Units Produced Sold for $10/unit 500 labor hours Labor rate: $9/hr Cost of raw material: $5,000 Capital invested: $25,000 1. What is the output value? 100,000
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Unformatted text preview: 2. What is the input value? 34,500 3. What is the labor productivity in units? 10,000/500 = 20 per hour 4. What is the total productivity? $2.89/$ invested...
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