Question: 7. The following table shows data on the average number of customers processed by several bank ser- vice units each day. The hourly wage rate

7. The following table shows data on the average number of customers processed by several bank ser- vice units each day. The hourly wage rate is $25, the overhead rate is 10 times labor cost, and mate- rial cost is $5 per customer. Unit Employees Customers Processed/Day 36 40 B 5 8 3 60 20 D a. Compute the labor productivity and the multifactor productivity for each unit. Use an eight- hour day for multifactor productivity. b. Suppose a new, more standardized procedure is to be introduced that will enable each employee to process one additional customer per day. Compute the expected labor and multifactor produc- tivity rates for each unit

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