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Beach Co Has Provided the Following Information for Last Year

Question 95

Essay

Beach Co. has provided the following information for last year:
 Material costs $160,000 Labor costs $62,000 Overhead costs $171,000 Product produced 11,000 @ selling price of $52/ each \begin{array} { l r r } \text { Material costs } & \$ 160,000 \\\text { Labor costs } & \$ 62,000 \\\text { Overhead costs } & \$ 171,000 \\\text { Product produced } & 11,000 & \text { @ selling price of } \$ 52 / \text { each }\end{array}
Required:
Calculate the total factor productivity measure.

Correct Answer:

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Value of output: 11,000 × $52 ...

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