The following shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $15, overhead rate is 1.25 times labor cost, and material cost is $3 per customer. Employees Unit A Customers processed per day 48 60 a) Compute the labor productivity and the multifactor productivity for each unit. Use an eight hour day for multifactor productivity b) Suppose a new, more standardized procedure is to be introduced that will enable cach employee to process two additional customer per day. Compute the expected labor and multifactor productivity rates for cach unit. Question 2: Compute the multifactor productivity measure for each of the days shown for production of chocolate bars in Table below. What do the figures suggest? Assume 8 hour day and an hourly rate of $10. Overhead cost is 1.75 times daily labor rate. Material cost is $6 per pound. Day Output Workers Materials (Pounds) 4100 6300 8200 1400