Information about Taekwondo Corporation is as follows: What is the labor productivity ratio for 2014?
A) 12.5
B) 8.0
C) 10.0
D) 6.0

Question

Information about Taekwondo Corporation is as follows:  What is the labor productivity ratio for 2014?
A) 12.5 
B) 8.0 
C) 10.0 
D) 6.0

Quizplus · Accepted Answer

The labor productivity ratio is calculated by dividing the total output by the total number of hours worked. In 2014, the total output was $800,000 and the total number of hours worked was 80,000, so the labor productivity ratio is:
$800,000 / 80,000 hours = $10 per hour
Therefore, the correct answer is C.

Information About Taekwondo Corporation Is as Follows: What Is