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Venice Textiles produces cloth. The inputs are fabric, labor, and overhead. Fragmentary productivity records from plant files for the last period show the following: Fabric
Venice Textiles produces cloth. The inputs are fabric, labor, and overhead. Fragmentary productivity records from plant files for the last period show the following:
Fabric price per bolt $
Sales price per bolt $
Sales revenue $
Manufacturing overhead $
Total factor productivity
Total labor costs $
Required:
Determine the partial fabric materials productivity.
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