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The weekly output of a production process is shown below, together with data for labor and material inputs. The standard inventory value of the output
The weekly output of a production process is shown below, together with data for labor and material inputs. The standard inventory value of the output is $ per unit. Overhead is charged weekly at the rate of $ plus times direct labor cost. Assume a hour week and an hourly wage of $ Material cost is $ per running foot. Determine the multifactor productivity for each week?
tableWeekOutput,Workers,Material
Week Multifactor Productivity
Week Multifactor Productivity
Week Multifactor
Productivity
Week Multifactor
Productivity
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