Information About Haulover Company Is as Follows What Is the Partial Operational Productivity Measure for Labor for (units)

question 57

Multiple Choice

Information about Haulover Company is as follows: $\begin{array}{lll}&2018&2019\\\text { Output (units) }&200,000&200,000\\\\\text { Input quantities: }\\\text { Materi als (pounds) } & 90,000 & 80,000 \\\text { Labor (hours) } & 50,000 & 40,000\\\\\text { Input prices: }\\\text { Materials (per pound) } & \$ 5 & \$ 6\\\text { Labor (per hour) } & \$ 8& \$ 9\end{array}$ What is the partial operational productivity measure for labor for 2018?

• A)1.42
• B)2.22
• C)4.00
• D)4.25

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Definitions:

Journal

A book or digital record where transactions are initially recorded before they are posted to ledgers.

Liability Account

An accounting record that captures obligations or debts a company owes to others, which are expected to be paid in the future.

Expense Account

An account where businesses track costs incurred during operations, often related to employees' business-related expenses.

Chart of Accounts

The Chart of Accounts is a systematic list of all accounts used by an organization, essential for classifying and organizing financial transactions within the general ledger.