Cummings Co. has provided the following information for last year:
$$\begin{array} { l r r }
\text { Material costs } & \$ 225,000 \
\text { Labor costs } & \$ 70,000 & \
\text { Overhead costs } & \$ 175,000 \
\text { Product produced } & 9,000 &\text { @ selling price of } \$ 60 / \text { each }
\end{array}$$
Required:
Calculate the total factor productivity measure.

Question

Cummings Co. has provided the following information for last year:
 $$\begin{array} { l r r } 
\text { Material costs } & \$ 225,000 \
\text { Labor costs } & \$ 70,000 & \
\text { Overhead costs } & \$ 175,000 \
\text { Product produced } & 9,000 &\text { @ selling price of } \$ 60 / \text { each }
\end{array}$$ 
Required:
Calculate the total factor productivity measure.

Quizplus · Accepted Answer

The Answer of Cummings Co. has provided the following information for last year:
 $$\begin{array} { l r r } 
\text { Material costs } & \$ 225,000 \
\text { Labor costs } & \$ 70,000 & \
\text { Overhead costs } & \$ 175,000 \
\text { Product produced } & 9,000 &\text { @ selling price of } \$ 60 / \text { each }
\end{array}$$ 
Required:
Calculate the total factor productivity measure.

Cummings Co Required: Calculate the Total Factor Productivity Measure

Cummings Co Required:
Calculate the Total Factor Productivity Measure