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Product XYZ has the following breakdown in per unit cost: The sales prices per unit is $323 Calculate the multifactor productivity ratio for this product
Product XYZ has the following breakdown in per unit cost: The sales prices per unit is $323 Calculate the multifactor productivity ratio for this product What would be the new multifactor productivity ratio, if we were to achieve a 10% increase in the ratio? If we were to achieve that 10% increase in multifactor productivity ratio by reducing the per unit total cost only without changing the per unit price, what should be the new total cost
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