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

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Information about Bodacious Corporation is as follows: 20182019 Output (units)  120,000126,000 Selling price per unit $25$25 Input quantities:  Materials (pounds)  6,0006,000 Labor (hours)  4,8004,825 Input prices:  Materials (per pound)  $5.00$5.50 Labor (per hour)  $7.00$7.50\begin{array}{lcr}&2018&2019\\\text { Output (units) } & 120,000 & 126,000 \\\text { Selling price per unit } & \$ 25 & \$ 25\\\\\text { Input quantities: }\\\text { Materials (pounds) }&6,000&6,000\\\text { Labor (hours) }&4,800&4,825\\\\\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?


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