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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 1234 Click here for the Excel Data File Week Output (units) 28,000 33,000 32,000 42,000 1 2 3 4 Workers 7849 MFP (Output / Total Cost) Material (lbs) 430 480 520 620
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