Question: Assignment instructions: In this assignment you are required to follow the procedures to calculate the productivity and forecast, then briefly describe the results. Make sure

Assignment instructions: In this assignment you
Assignment instructions: In this assignment you are required to follow the procedures to calculate the productivity and forecast, then briefly describe the results. Make sure to demonstrate the steps of calculation. Q1: Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. What do the productivity figures suggest? Assume 40- hour weeks and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound. (CLO4: 5 Marks) Week Output Workers Material (IBS) 1 30,000 6 450 2 33,600 7 470 3 32,200 7 460 4 35,400 8 480 ********

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