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At Symtecks, the output of a process is valued at $90 per unit. The cost of labor is $45 per hour including benefits. The accounting
At Symtecks, the output of a process is valued at $90 per unit. The cost of labor is $45 per hour including benefits. The accounting department provided the following information about the process for the past four weeks Week 1 Week 2 Week 3 Week 4 Units Produced Labor ($) 1,127 1,306 1,096 981 12,218 14,842 10,653 9,476 20,203 24,523 20,442 18,414 Material ($) Overheads (5) 8,406 10,430 8,786 a. The multifactor productivity ratio for week 1 is 2.48. (Enter your response rounded to two decimal places) The multifactor productivity ratio for week 2 is 2.36. (Enter your response rounded to two decimal places) The multifactor productivity ratio for week 3 is 2.47. (Enter your response rounded to two decimal places) The multifactor productivity ratio for week 4 is 2.47 (Enter your response rounded to two decimal places.) b. The labor productivity for week 1 is units per hour. (Enter your response rounded to two decimal places.) 7,898
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