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At Symtecks, the output of a process is valued at $90 per unit. The cost of labor is $55 per hour including benefits. The
At Symtecks, the output of a process is valued at $90 per unit. The cost of labor is $55 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 Units Produced 1,174 Labor ($) Material ($) Overheads ($) 12,266 21,208 9,693 1,306 1,096 981 14,792 10,603 9,526 24,473 20,442 18.314 10,480 8,786 7,898 a. The multifactor productivity ratio for week 1 is 2.44. (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 2 is (Enter your response rounded to two decimal places.)
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