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please answer all 3 questions. thank you! Vfx 0 OULU C D E AF Problem #3 multifactor Productivity The information below is taken from the
please answer all 3 questions. thank you!
Vfx 0 OULU C D E AF Problem #3 multifactor Productivity The information below is taken from the annual operation of a manufacturing business Units produced 62,500 Standard price: $2150/unit Labor input: 208,000 hours Cost of labor: $17.75/hour Material input in sq ft: 45,000 sq. ft. Cost of materials: $75/sq. foot - Cost of overhead: 2.5 x labor cost 1. What is the multi-factor productivity value of labor, material & overhead using 11 output in Dollars? 12 2. What is the multi-factor productivity value of labor, material & overhead using 13 output in Units? (Round answer to 4 decimal places) 14 3. Stating output in dollars, what are the single factor productivity values for labor and material (i.e calculate the productivity measures for labor and material individually. 15 Carry 2 decimal places in the answer.) Step by Step Solution
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