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Problem 2 - 9 ( Algo ) A company offers ID theft protection using leads obtained from client banks. Three employees work 4 0 hours

Problem 2-9(Algo)
A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $16 per hour per employee. Each employee identifies an average of 3,800 potential leads a week from a list of 4,500. An average of 5 percent of potential leads actually sign up for the service, paying a one-time fee of $70. Material costs are $1,500 per week, and overhead costs are $9,300 per week.
Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.)
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