Prancing Products Has Provided the Following Information for Last Year

question 115

Multiple Choice

Prancing Products has provided the following information for last year:
$$\begin{array} { | l | r | l | } \hline \text { Gallons input } & 10,000 & @ \$ 15 \text { igallon } \\\hline \text { Labor hours } & 5,000 & @ \$ 20 \text { hhour } \\\hline \text { Overhead costs } & \$ 125,000 & \\\hline \text { Gallons finished } & 8,000 & @ \text { selling price of } \$ 55 \text { gallon } \\\hline\end{array}$$ The total factor productivity measure is:

• A) 1.25.
• B) 1.60.
• C) 15.63.
• D) 1.17.