Colbyville Co. has provided the following information for last year:
$$\begin{array} { l r l }
\text { Pounds of input } & 35,000 & @ \$ 17 / \text { pound } \
\text { Lubor hours } & 8,000 & @ \$ 26 / \text { hour } \
\text { Overhead costs } & \$ 142,000 & \
\text { Units of output produced } & 15,000 & @ \text { selling price of } \$ 85 / \text { rrit }
\end{array}$$
Required:
Calculate the total factor productivity measure.

Question

Colbyville Co. has provided the following information for last year:
 $$\begin{array} { l r l } 
\text { Pounds of input } & 35,000 & @ \$ 17 / \text { pound } \
\text { Lubor hours } & 8,000 & @ \$ 26 / \text { hour } \
\text { Overhead costs } & \$ 142,000 & \
\text { Units of output produced } & 15,000 & @ \text { selling price of } \$ 85 / \text { rrit }
\end{array}$$ 
Required:
Calculate the total factor productivity measure.

Quizplus · Accepted Answer

The Answer of Colbyville Co. has provided the following information for last year:
 $$\begin{array} { l r l } 
\text { Pounds of input } & 35,000 & @ \$ 17 / \text { pound } \
\text { Lubor hours } & 8,000 & @ \$ 26 / \text { hour } \
\text { Overhead costs } & \$ 142,000 & \
\text { Units of output produced } & 15,000 & @ \text { selling price of } \$ 85 / \text { rrit }
\end{array}$$ 
Required:
Calculate the total factor productivity measure.

Colbyville Co Required: Calculate the Total Factor Productivity Measure

Colbyville Co Required:
Calculate the Total Factor Productivity Measure