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The weekly output of a fabrication process is shown below together with data for labor and material inputs. Standard selling price is $200 per
The weekly output of a fabrication process is shown below together with data for labor and material inputs. Standard selling price is $200 per unit. Overhead is charged weekly at the rate of $1,500 plus 0.5 times the total weekly direct labor cost. Assume a 40-hour week and an hourly wage of $18. Material cost is $12 per linear foot. If the output is measured in dollars, what is the multifactor productivity for Week 1? [Choose the closest number]. Week Output 402 # Workers Material (feet) 5 2650 1.8 O 2.1 2.4 O 3.12 None of the above
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