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At Symtecks, the output of a specific process is val - ued at $ 1 0 0 per unit. The cost of labor is $
At Symtecks, the output of a specific process is val
ued at $ per unit. The cost of labor is $ per hour
including benefits. The accounting department provided
the following information about the process for the past
four weeks:
a Use the multifactor productivity ratio to see whether
recent process improvements had any effect and, if
so when the effect was noticeable.
b Has labor productivity changed? Use the labor pro
ductivity ratio to support your answer.
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