Information About Remarkable Corporation Is as Follows What Is the Partial Operational Productivity Measure for Materials for (units)

question 31

Multiple Choice

Information about Remarkable Corporation is as follows: $\begin{array}{lll}&2018&2019\\\text { Output (units) }&50,000&50,000\\\\\text { Input quantities: }\\\text { Materi als (pounds) } & 22,500 & 20,000 \\\text { Labor (hours) } & 12,500 & 10,000\\\\\text { Input prices: }\\\text { Materials (per pound) } & \$ 6 & \$ 7\\\text { Labor (per hour) } & \$ 9& \$ 10\end{array}$ What is the partial operational productivity measure for materials for 2018?

• A)1.42
• B)2.22
• C)1.80
• D)1.60

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Definitions:

Current Liability

Financial obligations that a company is required to pay within one year or within its normal operating cycle.

Current Maturities

The portion of a company's long-term debt that is due to be paid within the upcoming year.

Property Tax

Taxes levied by local governments based on the estimated value of property, including real estate and personal property.

Adjusting Entries

Journal entries made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.