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K At Symtecks, the output of a process is valued at $110 per unit. The cost of labor is $45 per hour including benefits.
K At Symtecks, the output of a process is valued at $110 per unit. The cost of labor is $45 per hour including benefits. The accounting department provided the following information about the process for the past four weeks Week 1 Week 2 Week 3 Week 4 Units Produced Labor (5) Material($) Overheads (5) 1,121 1,310 12,415 14,842 10,603 1,092 981 9,526 20,939 24.523 20,492 18.364 8,486 10,530 8,736 7,898 a. The multifactor productivity ratio for week 1 is (Enter your response rounded to two decimal places.)
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