Information About Glenn Company Is as Follows ACalculate the Materials Productivity Ratios for 20X1 and 20X2

question 27

Essay

Information about Glenn Company is as follows:
$\begin{array}{lrr}&20 \times 1&20 \times 2\\\text { Output (units) } & 42,000 & 48,000 \\\text { Selling price per unit } & \$ 12 & \$ 12 \\\text { Input quantities: } & & \\\text { Materials (kg) } &8,000 &7,500 \\\text { Labour (hours) } & 5,000 & 6,000\\\text { Input prices: } & \\\text { Materials (per kg) }&\$ 4.00 & \$ 5.00 \\\text { Labour (per hour) }& \$ 8.00 & \$ 9.00\end{array}$
a.Calculate the materials productivity ratios for 20X1 and 20X2.
b.Calculate the labour productivity ratios for 20X1 and 20X2.
c.How much did profits change as a result of changes in productivity related to materials?
d.How much did profits change as a result of changes in productivity related to labour?

Grasp Leader Substitutes Theory and how various elements can replace or diminish the need for hierarchical leadership.

Learn the impact of organizational size on managerial delegation, planning, and leadership styles.

Acknowledge effective time management strategies for leaders.

Recognize the role of situational variables, moderators, and mediators in leadership effectiveness.

---

Definitions:

Managerial Problem Solving

The process by which managers identify, analyze, and resolve issues affecting the organization's performance.

Common Difficulty

A problem or challenge that is frequently encountered by multiple individuals or groups.

Satisfice

A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution.

Cost-benefit Relationship

An analysis or assessment that compares the costs and benefits of a decision, project, or action to determine its feasibility or worth.