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

question 91

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 labor for 2019?

• A)1.67
• B)5.00
• C)2.50
• D)5.25

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Definitions:

Trademark

A distinguishable symbol, pattern, or phrase that serves to differentiate the goods or services of one origin from those of another.

Par Value

The face value of a bond or stock as stated on the certificate or instrument.

Fair Value

An estimate of the market value of an asset or liability, based on current conditions and knowledge, used in financial reporting and analysis.

Undervalued

Describes an asset or company being priced below its true intrinsic or market value.