At the end of 2014, Diatomic Company implemented a new labor process and redesigned its product with the expectation that input usage efficiency would increase. Now, at the end of 2015, the president of the company wants an assessment of the changes on the company's productivity. The data needed for the assessment are as follows: How much profit was generated in 2014?
A) $450,000
B) $292,500
C) $270,000
D) $180,000

Question

At the end of 2014, Diatomic Company implemented a new labor process and redesigned its product with the expectation that input usage efficiency would increase. Now, at the end of 2015, the president of the company wants an assessment of the changes on the company's productivity. The data needed for the assessment are as follows:  How much profit was generated in 2014?
A) $450,000 
B) $292,500 
C) $270,000 
D) $180,000

Quizplus · Accepted Answer

The data provided in the image shows that the profit generated in 2014 was $270,000.

At the End of 2014, Diatomic Company Implemented a New