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Rachel's Picture Frame fabrication shop produces low cost, high durable picture frames for in popular 3 sizes. Typically the machine setup time allows for a
Rachel's Picture Frame fabrication shop produces low cost, high durable picture frames for in popular sizes. Typically the machine setup time allows for a frames that begin production each month, of those only percent are considered good enough to sell. The other percent are scrapped due to quality problems that are identified after they have completed the production process. Each frame sells for $
Because some of the production process is automated, an employee can produce frames each hours. Each employee works and average hours per month. Labor is paid at $hour materials cost is $frame and the shops operational overhead is $ month.
What is the current Multifactor Productivity?
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