Question: #3. (a) Compute the multifactor productivity indexes (2 decimal places, Peso/Peso)for each of the weeks shown for production of chocolate bars. (8 points) (b) Comment

#3. (a) Compute the multifactor productivity

#3. (a) Compute the multifactor productivity indexes (2 decimal places, Peso/Peso)for each of the weeks shown for production of chocolate bars. (8 points) (b) Comment on the multifactor productivity indexes for Weeks 2 and 3. (2 points) Assume 40-hour weeks and an hourly wage of PhP 80. Overhead is 1.5 times weekly labor cost. Material cost is PhP150 per pound, Standard price is PhP60 per unit. Week Output (units) Workers Material (lbs.) Multifactor Productivity (MFP) 1 30,000 6 450 ? 2 33,600 7 470 ? 3 32,200 7 460 ? 4. 35,400 8 480 ? b) Comment here on why multifactor productivity indexes for Weeks 2 and 3 are different. (Maximum of 20 words)

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