Information About Papanicolou Corporation Is as Follows What Is the Labor Productivity Ratio for 2018?
A)22

question 15

Multiple Choice

Information about Papanicolou Corporation is as follows: $$\begin{array} { l c r } & 2018 & 2019 \\\text { Output (units) } & 45,000 & 47,000 \\\text { Selling price per unit } & \$ 25 & \$25 \\& & \\\text { Input quantities: } & & \\\text { Materials (pounds) } & 2,500 & 2,500 \\\text { Labor (hours) } & 1,500 & 1,5255 \\& & \\\text { Input prices: } & & \\\text { Materials (per pound) } & \$ 5.00 & \$ 5.50 \\\text { Labor (per hour) } & \$ 7.00 & \$ 7.50\end{array}$$ What is the labor productivity ratio for 2018?

• A)22.84
• B)24.80
• C)24.00
• D)30.00

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