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Sagot :
According to the Question,
In order to calculate labor productivity ratio for birthday cakes,
We are Given the following details.
- Birthday cake revenue is equal to 4 x 45, or $180.
- Wedding cake revenue is equal to 2 x 155, or $ 310.
2 times $100 equals $200 in revenue from speciality cakes.
- 180+310+200 is $690 in total revenue (output).
Multifactor productivity is set to 1.30.
Output / Input = Multifactor Productivity
- 1.30 = 690/Input
- Input = 690/1.30
- Input = $ 530.76923
Consequently, the price to produce 8 cakes is $530.76923.
- 530.76923 / 8 is the average cost of creating each cake.
Each cake costs, on average, $ 66.35 to make.
$50 is the labour cost.
- Cost of each birthday cake = $45
Birthday cake production takes 90 minutes or 1.5 hours.
Birthday cake labour productivity ratio equals output multiplied by the cake's price (Time to produce a birthday cake)
Birthday cake labour productivity ratio
- = 45 / 1.5 = 30
Therefore, Alyssa's Labor Productivity Ratio for Birthday Cake is thus $30 per hour.
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Correct Question - Alyssa's Custom Cakes currently sells 4 birthday, 2 wedding, and 2 specialty cakes each month for $45, $155, and $100 each, respectively. Alyssa's current multifactor productivity ratio is 1.30. a. Assuming each cake costs the same to make, the average cost to produce a cake is $ 66.35 per cake. (Enter your response rounded to two decimal places.) b. If the cost of labor is $50 per hour (including benefits) and it takes 90 minutes to produce a birthday cake, 240 minutes to produce a wedding cake, and 60 minutes to produce a specialty cake, what is Alyssa's labor productivity ratio in dollars per hour for each type of cake? Alyssa's labor productivity ratio for birthday cakes is $ per hour.
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