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A company produces 1,225 units of output per hour using 38 workers and 510 pounds of raw materials. Each worker is paid $14 per hour.
A company produces 1,225 units of output per hour using 38 workers and 510 pounds of raw materials. Each worker is paid $14 per hour. Materials cost $9 per pound. Overhead is charged at 1.7 times the labor expense. Finished units sell for $136 each. What is multifactor productivity? ($/$) I suggest you use excel for homework assignments. You will be able to see exactly what calculations you did, which will help in finding any mistakes. Also, any subsequent attempts will go faster because your formulas will already be entered -- you'll just need to update the numbers. You can cut and paste your answers into canvas, which will automatically round your answer to four decimal places. If you are doing the calculations by hand, use at least six decimal places to avoid rounding errors
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