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NAME 2 ID The weekly output of a production process is shown below, together with data for labor and material inputs The standard inventory value
NAME 2 ID The weekly output of a production process is shown below, together with data for labor and material inputs The standard inventory value of the output is $105 per unit. OVERHEAD is charged weekly at the rate of (5650 plus 3/4 times direct labor cost). Assume a 40-hour week and an HOURLY WAGE of $18. MATERIAL COST is $10 per foot. What is the AVERAGE MULTI-FACTOR PRODUCTIVITY for this process? WEEK 1 2 3 OUTPUT 12,780 12,787 12,790 12,783 PRODUCTIVITY-OUTPUT INPUT #WORKERS 7 9 8 MATERIAL 3,840 3,850 3,855 3,847 Labor = yox if 3,780
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