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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 $15.
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 $15. Overhead is 2 times weekly labor cost. Material cost is $8 per pound.
What is the productivity of the most productive week? (Round your answers to 2 decimal places.)
| Week | Output (units) | Workers | Material (lbs) |
| 1 | 29,000 | 6 | 400 |
| 2 | 32,000 | 5 | 480 |
| 3 | 30,000 | 7 | 530 |
| 4 | 35,000 | 9 | 540 |
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