A Process Produces 5000 Units of Output That Yield $6

question 14

Multiple Choice

A process produces 5000 units of output that yield $6 per unit.Resources contributed to this output are 200 hours of labor at $15 per hour,materials at $700 and overhead at $300.What is the labor productivity?

• A)20 units per hour
• B)25 units per hour
• C)30 units per hour
• D)40 units per hour

---

Definitions:

Partnership Business

A lawful business structure operated by two or more people, where both management responsibilities and profits are shared.

Express Authority

Power clearly stated or written, given by one party to another.

Agreement Of Partners

A legal document outlining the terms and conditions under which partners agree to operate a partnership.

Actual Authority

The express or implied power given to an agent by the principal, allowing the agent to act on behalf of the principal.