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(1) A company produces 56000 chocolate bars in a week with 11 employees. Assume each employee works 40 hours in the week and hourly wage
(1) A company produces 56000 chocolate bars in a week with 11 employees. Assume each employee works 40 hours in the week and hourly wage is $17. What is the labor productivity per worker-hour (per worker per hour)? (Round your answer to 2 decimal places.) (2) In addition to labor input, assume overhead is 2 times weekly labor cost, and total material cost is $4000. What is the multifactor productivity (labor+overhead+materials)? (Round your answer to 2 decimal places.)
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