Looking for cost savings in administrative areas, the vice-president for human resources at mcmahon corporation asked his assistant to collect data on the employee cafeterias in the four mcmahon locations around the country. after two days, the assistant returned with the following data for the previous year:

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labor-hours 35,000 58,500 24,900 5,250
meals served 118,000 219,000 70,000 13,600

required:

a. compute the partial productivity measures for labor for the four locations

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.