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A Company Estimates That It Spends $2,000 in Labor Costs

Question 37

Multiple Choice

A company estimates that it spends $2,000 in labor costs to produce 450 units of product. Calculate the company's labor productivity ratio (with appropriate units) .


A) 0.23 labor $/units
B) 4.44 labor $/units
C) 4.44 units/labor $
D) 0.23 units/labor $

Correct Answer:

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