Cummings Co Required:
Calculate the Total Factor Productivity Measure

question 112

Essay

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.

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Definitions:

Fair Election

An election conducted impartially to assure an honest and accurate tally of votes to decide a winner.

Visiting Employees

Employees who work in a location different from their usual workplace for a temporary period, often for business trips or assignments.

Discriminatory

Actions or practices that unjustly differentiate or prejudice against individuals or groups based on characteristics like race, gender, age, or religion.

NLRB

The National Labor Relations Board, a U.S. government agency responsible for enforcing U.S. labor law in relation to collective bargaining and unfair labor practices.