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Collins Title Insurance Co . has a staff of 4 each working 8 hours per day for a payroll cost of $ 6 4 0
Collins Title Insurance Co has a staff of each working hours per day for a payroll cost of $ per day
Overhead costs are $ per day
Collins processes and closes on titles per day.
The new computerized system allows them to close on titles per day. The staff, their work hours and pay stay the same. The new Overhead is $ per day. Has the Multifactor Productivity increased? If so by how much?
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