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Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16.
Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week Output (units) 27.000 32,000 30,000 34,000 Workers 7 8 8 7 Material (lbs) 410 460 500 520 3 4 Click here for the Excel Data File Week MFP (Output / Total Cost) 1 2 3 4
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