Calculation Of Labor Productivity And Capital Productivity
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Question
A factory produces 50,000 units monthly; each unit is sold for $25. The factory operates on a one shift basis, six days a week. Number of operators is 100. Labor rate is estimated at $10/hr. Material cost is $20,000. Calculate:
(a) Labor productivity
(b) Capital productivity.
Summary
The question belongs to Mathematics and it discusses about calculation of labor productivity and capital productivity in a factory.
Total Word Count 38
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