(Answered) Problem - profile productivity measurement objectivein 2015

Accounting

Problem - Profile Productivity Measurement Objective

In 2015, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the effect on the company's productivity:

2014 2015

Number of units produced 600,000 480,000

Labor hours used 120,000 80,000

Materials used (lbs.) 1,500,000 1,066,667

Required:

1. Calculate the productivity profile for 2014. If required, round your answers to two decimal places.

Partial Operational Productivity Ratios2014 Profile

Labor productivity ratio: _______

Material productivity ratio: _______

2. Calculate the productivity profile for 2015. If required, round your answers to two decimal places.

Partial Operational Productivity Ratios2015 Profile

Labor productivity ratio: _____

Material productivity ratio: _____

3. What if the labor hours used in 2015 were 117,500? What does comparison of the 2014 and 2015 profiles now communicate? If required, round your answers to two decimal places.

Partial Operational Productivity Ratios2014 Profile2015 Profile

Labor productivity ratio: ______

Material productivity ratio: _______

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