Which of the Following Is a Difference Between Partial Productivity

question 46

Multiple Choice

Which of the following is a difference between partial productivity and multifactor productivity?

• A) Unlike multifactor productivity, partial productivity only indicates how much labor and capital a company requires to produce an output.
• B) Unlike multifactor productivity, partial productivity indicates a company's overall level of productivity relative to its competitors.
• C) Unlike partial productivity measures, multifactor productivity measures do not indicate the specific contributions that labor, capital, materials, or energy make to overall productivity.
• D) Unlike partial productivity measures, multifactor productivity measures can help managers determine what factors need to be adjusted or in what areas adjustment can make the most difference in overall productivity.

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Definitions:

Work in Process Account Balance

Represents the total cost accumulated for products that are currently in production but not yet completed.

Ending

The final point or conclusion of a financial statement or period.

Applied Manufacturing Overhead

The portion of manufacturing overhead costs allocated to each unit of production, based on a predetermined rate.

Applied Manufacturing Overhead

Applied Manufacturing Overhead refers to the estimated overhead costs assigned to individual products based on a predetermined rate and actual activity levels.