Comp xm qa updates - Study guides, Class notes & Summaries

Comp XM Q&A UPDATES A productivity index of 110% means that a company's labor costs would have been 10% higher if it had not made production improvements. Now refer to the Income Statement in Digby's Annual Report. The direct labor costs for Digby were $32,486. These labor costs could have been $20,000 higher if investments in training that increased productivity had not been made. What was the productivity index for Digby that led to such savings? - ANSWER 161.6% Investing $1,500,...