Based on the industry-low, industry-average, and industry-high values for the be

Question

Based on the industry-low, industry-average, and industry-high values for the benchmarked data in each issue of the FIR, which one of the following is the strongest and most valid signal that one or more elements of a company's costs are too high relative to those of rival companies?

The company's warehouse expenses per pair sold in both the wholesale and Internet segments are only 15% below the industry average
The company's total manufacturing costs per pair produced are about 10% above the industry low
The company's advertising expenses per pair sold are slightly above the industry average
The company's labor costs per pair produced are close to the highest in the industry in those regions where it has production plants
The company's total compensation package for plant workers is only about $500 below the industry average in those geographic regions where it has production plants

Explanation / Answer

Solution :

Answer : The company's labor costs per pair produced are close to the highest in the industry in those regions where it has production plants.

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