Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT INPUT 50,200 cages Production time 625 labor hours Sales price: $3.60 per unit Wages $ 7.60 per hour Raw materials (total cost) $ 31,500 Component parts (total cost) $ 15,645 Find the total productivity. (Round your answers to 2 decimal places.)
Total Productivity
a. Units sold per dollar input
b. Sales $ per dollar input

Explanation:

a. Units sold per dollar input:

= Total units / (Total wage + Total Raw Material cost + Total Component cost)

= 50,200 / ( (7.60 * 625 hours) + 31,500 + 15,645)

= 50,200 / 51,895

= 0.97 units sold per dollar input

b. Sales per dollar input:

= Total sales / (Total wage + Total Raw Material cost + Total Component cost)

= (50,200 * 3.60 per unit selling price) / 51,895

= 180,720 / 51,895

= $3.48 per dollar input

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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