Question: 1 1 Problem 2-3 (Algo) 25 points Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour

1 1 Problem 2-3 (Algo) 25 points Compute the

1 1 Problem 2-3 (Algo) 25 points Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound (Round your answers to 2 decimal places.) 8 03:10:19 Week 1 2 3 4 Output (units) 35,000 40,000 25,000 35,000 Workers 8 9 3 7 Material (lbs) 500 550 450 550 eBook Hint References Click here for the Excel Data File Week MFP (Output / Total Cost) 1 2 3 4

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