Shuster Metalworks Co. has provided the following information for last year:
$$\begin{array} { l r l }
\text { Pounds of metal input } & 21,000 & @ \$ 12 / \text { pound } \
\text { Lubor hours } & 8,000 & @ \$ 25 / \text { our } \
\text { Overhead costs } & \$ 165,000 & \
\text { Pounds of output produced } & 12,000 & @ \text { selling price of } \$ 70 / \text { pound }
\end{array}$$
Required:
Calculate the total factor productivity measure.

Question

Shuster Metalworks Co. has provided the following information for last year:
 $$\begin{array} { l r l } 
\text { Pounds of metal input } & 21,000 & @ \$ 12 / \text { pound } \
\text { Lubor hours } & 8,000 & @ \$ 25 / \text { our } \
\text { Overhead costs } & \$ 165,000 & \
\text { Pounds of output produced } & 12,000 & @ \text { selling price of } \$ 70 / \text { pound }
\end{array}$$ 
Required:
Calculate the total factor productivity measure.

Quizplus · Accepted Answer

The Answer of Shuster Metalworks Co. has provided the following information for last year:
 $$\begin{array} { l r l } 
\text { Pounds of metal input } & 21,000 & @ \$ 12 / \text { pound } \
\text { Lubor hours } & 8,000 & @ \$ 25 / \text { our } \
\text { Overhead costs } & \$ 165,000 & \
\text { Pounds of output produced } & 12,000 & @ \text { selling price of } \$ 70 / \text { pound }
\end{array}$$ 
Required:
Calculate the total factor productivity measure.

Shuster Metalworks Co Required: Calculate the Total Factor Productivity Measure

Shuster Metalworks Co Required:
Calculate the Total Factor Productivity Measure