Question: Compute the multifactor productivity measure for weeks 1 and 2 for the production of chocolate bars shown below. Assume 40-hour weeks and an hourly wage

Compute the multifactor productivity measure for

Compute the multifactor productivity measure for weeks 1 and 2 for the production of chocolate bars shown below. Assume 40-hour weeks and an hourly wage of $20. The material cost is $6 per pound. The multifactor productivity measure for weeks 1 and 2 are: Week Output Material Workers units lbs 1 28,000 5 430 2 33,000 8 480 3 32,000 7 510 4 35,000 8 520 6.67 and 3.52, respectively 5.20 and 4.48, respectively 5.00 and 4.00, respectively 4.26 and 3.56, respectively 3.52 and 6.67, respectively

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