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Palm Beach State College *

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1154

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Economics

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Apr 3, 2024

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docx

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5

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You are comparing the labor productivity rates for three production lines. For each of the three roduction lines determine the out put per labor hour. Production Line Output (Units/Year) /Annual Labor Hours A 601,051 37,819 B 767,738 9,306 C 712,588 22,708 Report the productivity rate for Production Line A. Productivity is measured as output divided by input. What was created (output) and what resources were consumed in the process (input). Output and input can be measured in many different forms depending on the purpose of the analysis. Round your final answer to two (2) decimal places. B~ You are comparing the labor productivity rates for three production lines. For each of the three roduction lines determine the out put per labor hour. Production Line Output (Units/Year) /Annual Labor Hours A 715,595 15,219 B 865,020 9,699 C 920,893 15,313 Report the productivity rate for the most productive Production Line. Productivity is measured as output divided by input. What was created (output) and what resources were consumed in the process (input). Output and input can be measured in many different forms depending on the purpose of the analysis. Round your final answer to two (2) decimal places. 2 The Fresh Connection produces 158,324 1 liter cartons of juice products with $665,942 investment in Machines. Determine their capital productivity based on liters produced. Productivity is measured as output divided by input. What was created (output) and what resources were consumed in the process (input). Output and input can be measured in many different forms depending on the purpose of the analysis. Round your final answer to two (2) decimal places.
n 1/1 point The Fresh Connection produces 139,694 0.3 liter PET bottles of juice products with $835,970 investment in Machines. Determine their capital productivity based on liters produced. Productivity is measured as output divided by input. What was created (output) and what resources were consumed in the process (input). Output and input can be measured in many different forms depending on the purpose of the analysis. Round your final answer to two (2) decimal places. n 0.05 n 1/1 point The Fresh Connection produces 225,352 0.3 liter PET bottles of juice products with $654,966 investment in Machines. Determine their capital productivity based on liters produced. In an effort to improve productivity The Fresh Connection has decided to upgrade their equipment. This increased the investment in Machines by $105,979. It also meant that they increased the production of the 0.3 liter PET bottles by 296,443 bottles. Determine their capital productivity based on the updated values. What is the percentage increase in productivity? Note: if the productivity decreased your value will be negative. Productivity is measured as output divided by input. What was created (output) and what resources were consumed in the process (input). Output and input can be measured in many different forms depending on the purpose of the analysis. Round your final answer to two (2) decimal places. B Moving forward, The Fresh Connection is expected to sell an additional line of products. The new product line will sell for $5 per unit and upper management has expressed a need to earn a profit of $190,651 for the new product next year to receive a favorable rating. The fixed costs for the year will be $375,177 and the variable costs per unit will be $1.34. How much revenue will they need to generate to cover the costs and reach the profit goal? Don't round any values until you get to the end of the problem and then round to two (2) decimal places. In break-even you are looking for the number of units where profit = 0. Profit = Total Revenue FizedCost TotalVariableCost = 0 Total Revenue = UnitsSold SellingPriceperUnit FizedCost = StatedV alue TotalVariableCost = UnitsProduced * VariableCostperUnit Unless stated otherwise, the number of units produced and the number of units sold are the same. Therefore: Units * SellingPrice FixedCost Units * SellingPrice = 0 Solve for Units: Units . fzzedt':ost price—variablecost This, again, gives the number of units required to earn no profit. Units * Selling Price would provide the Revenue at Breakeven This question asks for the amount of revenue needed to earn a pre-determined profit. Therefore, use the same logic applied to: Profit = Total Revenue FizxedCost TotalVariableCost = RequiredProfit ‘_- 779.020.07 772,989.07
n 1/1 point The Fresh Connection is considering options for distribution of juice products into additional regions. They are comparing two possible locations for setting up distribution centers. The costs associated with the two locations are provided in the table below. At what level of demand would they be indifferent between the two locations? All other information would be the same for both locations. Round your final answer to two (2) decimal laces. Location 1 Location 2 Annual Fixed Overhead $150,716 $283,275 Annual Labor Cost $213,167 $319,448 Per Unit Shipping Cost $5.04 $2.9 Per Unit Cost of Labor $6.07 $2.85 n 44,559.71 The Fresh Connection is considering options for distribution of juice products into additional regions. They are comparing two possible locations for setting up distribution centers. The costs associated with the two locations are provided in the table below. Determine the expected profit for each location and report the profit for the location that is the best choice. All other information would be the same for both locations. If you would be losing money your answer will be negative. It is possible that both locations will fail to earn a profit. The one with the smallest loss would be the best choice. Round your final answer to two (2) decimal places. Location 1] Location 2| /Annual Fixed Overhead|$133,748 ||$239,649 /Annual Labor Cost $293,568 ||$366,981 Per Unit Shipping Cost [$5.23 $4.49 Per Unit Cost of Labor [$5.78 [$1.17 [Anticipated Demand 31,708 38,216 | [Per Unit Selling Price _][$21.76 _|$20.37 | u -44,472.64
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