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Long Beach Bank employs 5.20 loan officers, each working 7.67 hours per day. Each officer processes an average of 6.90 loans per day. The bank's
Long Beach Bank employs 5.20 loan officers, each working 7.67 hours per day. Each officer processes an average of 6.90 loans per day. The bank's payroll cost for the officers is $865.06 per day, and there is a daily overhead expense of $435.60. Compute the labor productivity.
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