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

Question

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

Quizplus · Accepted Answer

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