1. Compute the multifactor productivity for each of the weeks shown for production of chocolate bars. Assume a 35 hour workyeek and an hourly wage of $17. Overhead is 160% of labor cost. Material cost is $8 per pound. Extra credit. What is the lowest price the manufacturer charge per bar in order to avoid a loss in week 1 ? 2. A company that makes shopping carts for supermarkets recently some new equipment that reduces the labor content needed to produce the carts. Before obtaining the new equipment, the company used five workers to produce 90 carts per hour in a typical week. Workers receive $20 per hour and machine cost was $80 per hour. With the new equipment, it was possible to produce 110 carts per hour using one less worker, although produce machine cost rose by $80 per hour. a. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity. b. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. 3. The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer. a. Compute the labor productivity and the multifactor productivity for each unit. Use an eight-hour day for multifactor productivity