Question: 6. Munson Performance Auto, Inc., modifies 375 autos per year. The manager, Adam Munson, is interested in obtaining a measure of overall performance. He has

6. Munson Performance Auto, Inc., modifies 375
6. Munson Performance Auto, Inc., modifies 375 autos per year. The manager, Adam Munson, is interested in obtaining a measure of overall performance. He has assembled the following data. Resource inputs were labor, 10,000 hours: 500 suspensions and engine modification kits; and energy, 100.000 kilowatt-hours. Average labor cost last year was $20 per hour, kits cost $1,000 each, and energy costs were $3 per kilowatt- hour (a) (2 pts) What is the multifactor productivity, in terms of the mumber of antos modified per dollar, of Munson Performance Auto last year? Round your answer to six decimal places. (b) 2 Pts) If the average labor cost this year will increase by 10% compared to last year and everything else will remain the same this year, what multifactor productivity, in terms of the number of autos modified per dollar, will Muson Performance Auto achieve this year? Round your answer to six decimal places

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