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At Symtecks, the output of a process is valued at $110 per unit. The cost of labor is $45 per hour including benefits. The accounting
At Symtecks, the output of a process is valued at $110 per unit. The cost of labor is $45 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 Units Produced 1,168 1,314 1,096 977 Labor ($) 12.466 14,892 10,603 9,576 Material ($) 20,896 24,473 20,442 18,314 Overheads ($) 9,673 10.480 8.686 7,798 a. The multifactor productivity ratio for week 1 is (Enter your response rounded to two decimal places.)Mack's guitar fabrication shop produces low cost, highly durable guitars for beginners. Typically, out of the 100 guitars that begin production each month, only TB percent are considered good enough to sell. The other 22 percent are scrapped due to quality problems that are identied after they have completed the production process. Each guitar sells for $250. Because some of the production process is automated. each guitar only requires 12 labor hours. Each employee works an average of 150 hours per month. Labor is paid at $10 per hour, materials cost is $42 per guitar, and overhead is $4.000. a. The labor productivity ratio for Mack's guitar fabrication shop is ED per hour. {Enter your response rounded to him decimal places. J
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