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The weekly output of a fabrication process is shown below, together with data for labor and material inputs. Overhead is charged weekly at the rate
The weekly output of a fabrication process is shown below, together with data for labor and material inputs. Overhead is charged weekly at the rate of $1,500 plus .5 times direct labor cost. Assume a 40 -hour week and an hourly wage of $16. Material cost is $10 per foot. What is the average multifactor productivity? 1.442 1.458 1.422 1.440
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