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1. Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of

1. Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.)

Week Output (units) Workers Material (lbs)
1 28,000 7 420
2 33,000 8 470
3 31,000 8 510
4 35,000 7 530

Week MFP (Output / Total Cost)
1
2
3
4

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