A Firm Manufactures 5,000 Umbrellas Per Year

question 89

Multiple Choice

A firm manufactures 5,000 umbrellas per year. The umbrellas cost $25,000 to manufacture. The firm has an annual overhead cost of $5,000. What is the total productivity of manufacturing umbrellas?

• A) 0.20 umbrellas/dollar
• B) 0.20 dollars/umbrella
• C) 5 umbrellas/dollar
• D) 0.17 dollars/umbrella

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Definitions:

Work Load

The amount of work assigned to or expected from a person within a given time period.

Interaction

A process by which different entities act upon one another or communicate, leading to an exchange of ideas or activities.

Psychosocial Theory

A framework that describes how social environments and psychological aspects of life affect an individual's development and behavior.

Unconscious Forces

Mental processes and drives beneath the conscious awareness that influence thoughts, feelings, and behavior.