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2-3 (Algo) Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage
2-3 (Algo) 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 1 Output (units) Workers Material (lbs) 36,000 5 510 41,000 7 560 24,000 7 440 34,000 7 540 Click here for the Excel Data File Week 1 MFP (Output/Total Cost) 2 3 4 A1 fx Week D Materials A B C Output 1 Week (Units) Workers (lbs) 4 23 23 1 36000 5 510 41000 7 560 3 24000 7 440 5 4 34000 7 540 6 7 a E
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