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The answer of week 1 is correct. What is the MP ratio for week 2. At Symtecks, the output of a process is valued at
The answer of week 1 is correct. What is the MP ratio for week 2.
At Symtecks, the output of a process is valued at $110 per unit. The cost of labor is $55 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: (i) a. The multifactor productivity ratio for week 1 is (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 2 is . (Enter your response rounded to two decimal places.)Step by Step Solution
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