X Corp is in the process of improving its efficiency / productivity through implementation of new technology and equipment’s. At the end of the year, the company provided the following data: production in units is 50,000 with selling price of P 10/ unit. The relevant inputs are as follows: Materials (in unit) of 25,000 with cost of P 2.00 per unit; labor hours of 5,000 hrs and labor rate of P 10/ hour. Compute the productivity ratio of the company as to materials. choices: 2 10 200 50%
X Corp is in the process of improving its efficiency / productivity through implementation of new technology and equipment’s. At the end of the year, the company provided the following data: production in units is 50,000 with selling price of P 10/ unit. The relevant inputs are as follows: Materials (in unit) of 25,000 with cost of P 2.00 per unit; labor hours of 5,000 hrs and labor rate of P 10/ hour. Compute the productivity ratio of the company as to materials. choices: 2 10 200 50%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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X Corp is in the process of improving its efficiency / productivity through implementation of new technology and equipment’s. At the end of the year, the company provided the following data: production in units is 50,000 with selling price of P 10/ unit. The relevant inputs are as follows: Materials (in unit) of 25,000 with cost of P 2.00 per unit; labor hours of 5,000 hrs and labor rate of P 10/ hour. Compute the productivity ratio of the company as to materials.
choices:
2
10
200
50%
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