Question: Compute the multifactor productivity (output / total cost) measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an

Compute the multifactor productivity (output / total cost) measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.)

Week	Output (units)	Workers	Material (lbs)
1	29,000	8	440
2	34,000	9	490
3	31,000	3	510
4	41,000	8	610

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