Question: Answer the following general multiple-choice type questions; note that four wrong answers will cancel one correct answer (a wrong answer will cost you 1 pt.):
Answer the following general multiple-choice type questions; note that four wrong answers will cancel one correct answer (a wrong answer will cost you 1 pt.):
[ 5 pts. ] The standard selling price of the output of a fabrication process is $ per unit. Overhead is charged monthly at a rate of $. Assume the weekly unit labor cost as $ per worker and the unit material cost as $ per foot. According to the company records, on the average units of output is produced per week in last four weeks with employing an average of workers and processing feet of material per week. Which one of the following is closest to the multifactor productivity (revenue earned / total cost including overhead, labor and material costs) ?
Select one:
a.
b.
c.
d.
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