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The Abco Company manufactures electrical assemblies. The current process uses 11 workers and produces 200 units per hour. The material cost is $103 per hour.
The Abco Company manufactures electrical assemblies. The current process uses 11 workers and produces 200 units per hour. The material cost is $103 per hour. Workers are paid at a rate of $9 per hour, and overhead is charged at 1.2 times labor costs. Finished switches sell for $19 per unit. What's the multifactor productivity for the current process? Round your answer to two decimal places
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