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The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $10,

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The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $10, the overhead rate is 11 times labor cost, and material cost is $5 per customer. s8 a. Compute the labor productivity and the multifactor productivity for each unit Use an eight-hour day for multifactor productivity Round your Labor Productivity" answers to 1 decimal place and "Multifactor Productivity" answers to 3 decimal places Multifctor b. Suppose a new, more standardized procedure is to be introduced that will enable each employee to process one per day Compute the espected labor and multifactor productivity rates for each unit (Round your "Labor Productivity answrs to 1 decimal place and "Multifactor Productivity" answers to 3 decimal places ) Prev of 13 Next option

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