Information about Taekwondo Corporation is as follows: $\begin{array}{lcr}&2018&2019\
\text { Output (units) } & 14,000 & 15,000 \
\text { Selling price per unit } & \$ 16 & \$ 16\\
\text { Input quantities: }\
\text { Materials (pounds) }&1,750&1,900\
\text { Labor (hours) }&1,400&1,525\\
\text { Input prices: }\
\text { Materials (per pound) }&\$3&\$4\
\text { Labor (per hour) }&\$6&\$7
\end{array}$ What is the labor productivity ratio for 2018?
A)12.5
B)8.0
C)10.0
D)6.0

Question

Quizplus · Accepted Answer

The labor productivity ratio is calculated as output (units) divided by labor (hours). For 2018, this is $14,000 \, \text{units} / 1,400 \, \text{hours} = 10.0$.

Information About Taekwondo Corporation Is as Follows What Is the Labor Productivity Ratio for 2018? A)12

Information About Taekwondo Corporation Is as Follows What Is the Labor Productivity Ratio for 2018?
A)12