We can find the total productivity as
Total Productivity=Total Output in Units/Total Input in Dollars
=Cages Produced/(Production Time∗Wages+Raw Materials Cost+Component Part Cost)
=50,000/(620∗7.50+30,000+15,350)
=50,000/50,000
=1.00 units per dollar input
Hence, the answer is as follows:
| Total Productivity | |
|---|---|
| Units sold | 1.00 per dollar input |
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Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT 50,500 cages Sales price: $3.40 per unit INPUT Production time Wages Raw materials (total cost) Component parts (total cost) 630 labor hours $ 7.40 per hour $ 31,000 $ 15,450 Find the total productivity in Units Sold and Dollars of Sales per Dollar Input. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Total Productivity Units sold Sales (dollars) per dollar input per...