Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT INPUT 50,450 cages Production time 640 labor hours Sales price: $3.10 per unit Wages $ 7.10 per hour Raw materials (total cost) $ 29,850 Component parts (total cost) $ 15,200 Find the total productivity in Units Sold and Dollars of Sales per Dollar Input. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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Answer:

The total productivity in Units Sold and Dollars of Sales per Dollar Input is calculated below.

Units sold: 50,450 / ((640 * 7.10) + 29,850 + 15,200) = 1.01 units sold per dollar input.

Dollars of sales: (50,450*3.10) / ((640 * $7.10) + 29,850 + 15,200) = 3.15 dollars in sales per dollar input.