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Toomey Toolworks Co. has provided the following information for last year: Tons of metal input Labor hours Overhead costs Tons of forging produced 21,800 a

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Toomey Toolworks Co. has provided the following information for last year: Tons of metal input Labor hours Overhead costs Tons of forging produced 21,800 a $15/ton 16,800 @$30/hour $243,000 17,800 @selling price of $75/ton The total factor productivity measure is: Multiple Choice 3.286. 2.191. O 1.243 1.612

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