Question: ( Ch . 1 ) Use the information in the table below. Workers are paid at a rate of $ 1 0 per hour, and

(Ch.1) Use the information in the table below. Workers are paid at a rate of $10 per hour, and overhead is charged at 140%(or 1.4 times) labor costs. Finished switches sell for $20/unit.
a. Calculate the multifactor productivity for the current process. b. Calculate the multifactor productivity for the new process.
c. Determine if the new process should be implemented.

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