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ACC 300 Assignment 1

ACC 300 Assignment 1

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Author: Trudy Webb
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1. Problem 2-2
The manager of a crew that installs carpeting has tracked the crew’s output over the past several weeks, obtaining these figures:
 
 
 
Week

 
Crew Size

Yards Installed

1

4

96

2

3

67

3

4

99

4

2

52

5

3

66

 
 
 
          6                    2                   54        
 
Compute the labor productivity for each of the weeks. (Round your answers to 2 decimal   places.)
2. Problem 2-6
A manager checked production records and found that a worker produced  245  units  while  working  50 hours. In the previous week, the same worker produced 172 units while working 40   hours.
 
Compute Current period productivity and Previous period productivity. (Round your answers to 2 decimal places.)
Did the worker's productivity increase, decrease, or remain the same? (Round your intermediate calculations and final answer to 2 decimal places. Omit the "%" sign in your   response.)
3. Problem 2-7
The following table shows data on the average number of customers processed by several bank service    units each day. The hourly wage rate is $35, the overhead rate is 1.0 times labor cost, and material cost is
$7 per customer.
 
 
 
Unit

 
Employees

Customers Processed / Day

A

2

38

B

4

40

C

7

54

 
 
 
        D                  3                         22              
 
Compute the labor productivity and the multifactor productivity for each unit. Use an eight-hour day for multifactor productivity. (Round your "Labor Productivity" answers to 1 decimal place and "Multifactor Productivity" answers to 3 decimal  places.)
Suppose a new, more standardized procedure is to be introduced that will enable each employee to process one additional customer per day. Compute the expected labor and multifactor productivity rates   for each unit. (Round your "Labor Productivity" answers to 1 decimal place and "Multifactor Productivity" answers to 4 decimal  places.)
 
4. Problem 2-9
A company offers ID theft protection using leads obtained from client banks. Three employees work 40    hours a week on the leads, at a pay rate of $35 per hour per employee. Each employee identifies an     average of 3,500 potential leads a week from a list of 4,800. An average of 4 percent of potential leads  actually sign up for the service, paying a one-time fee of $60. Material costs are $1,200 per week, and overhead costs are $9,000 per week.
 
Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.)
 


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