High School

We appreciate your visit to 1 A company produces 1 213 units of output per hour using 37 workers and 530 pounds of raw materials Each worker is paid 15. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!

1. A company produces 1,213 units of output per hour using 37 workers and 530 pounds of raw materials. Each worker is paid $15 per hour. Materials cost $9 per pound. Overhead is charged at 1.5 times the labor expense. Finished units sell for $104 each.

What is the productivity of materials? (#/#)

2. A company produces 1,123 units of output per hour using 33 workers and 570 pounds of raw materials. Each worker is paid $17 per hour. Materials cost $6 per pound. Overhead is charged at 1.5 times the labor expense. Finished units sell for $137 each.

What is the productivity of materials? ($/$)

3. A company produces 1,137 units of output per hour using 34 workers and 510 pounds of raw materials. Each worker is paid $18 per hour. Materials cost $6 per pound. Overhead is charged at 1.6 times the labor expense. Finished units sell for $129 each.

What is the productivity of overhead? ($/$)

Answer :

1) The productivity of materials is approximately 2.29 units per pound, 2)the productivity of materials is approximately 1.97 units per pound and 3)the productivity of overhead is approximately $0.13 of revenue per dollar of overhead expense.

1) To calculate the efficiency of materials, we divide the number of units created by the sum of raw materials utilized:

Productivity of materials = Units produced / Pounds of raw materials

In this case, the company produces 1,213 units of output per hour using 530 pounds of raw materials:

Productivity of materials = 1,213 / 530 ≈ 2.29

Therefore, the productivity of materials is approximately 2.29 units per pound.

2) Using the same formula as above, we can calculate the productivity of materials:

Productivity of materials = Units produced / Pounds of raw materials

In this case, the company produces 1,123 units of output per hour using 570 pounds of raw materials:

Productivity of materials = 1,123 / 570 ≈ 1.97

Therefore, the productivity of materials is approximately 1.97 units per pound.

3) To calculate the productivity of overhead, we divide the revenue generated by the overhead expense:

Productivity of overhead = Revenue / Overhead expense

In this case, the company sells finished units for $129 each and the overhead is charged at 1.6 times the labor expense. The labor cost is calculated by duplicating the number of workers by their hourly wage:

Labor expense = Number of workers * Hourly wage

Labor expense = 34 * $18 = $612

Overhead expense = 1.6 * Labor expense

Overhead expense = 1.6 * $612 = $979.20

Productivity of overhead = Revenue / Overhead expense

Productivity of overhead = $129 / $979.20 ≈ 0.13 ($/$)

Therefore, the productivity of overhead is approximately $0.13 of revenue per dollar of overhead expense.

know more about overhead

https://brainly.com/question/28528644

#SPJ4

Thanks for taking the time to read 1 A company produces 1 213 units of output per hour using 37 workers and 530 pounds of raw materials Each worker is paid 15. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!

Rewritten by : Barada