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A Company Estimates That It Spends $1,000 in Labor and Material

Question 14

Multiple Choice

A company estimates that it spends $1,000 in labor and material costs to produce 2,700 units of product. Calculate the company's productivity ratio (with appropriate units) .


A) 2.7 $/unit
B) 0.37 $/unit
C) 2.7 units/$
D) 0.37 units/$

Correct Answer:

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