Compute the Multifactor Productivity. Show all intermediate computations.

Item Value Notes

Units produced: $5000$ units

Selling price: $$30$ Revenue per unit sold

Labor input: $500$ Hours

Cost of labor: $$25$ Dollar per hour

Cost of materials: $$5,000$ Paid for raw material

Cost of overhead: $2$ That is "twice" the labor cost

Output Revenue generated from all unit sales

Labor All labor hours times labor hourly rate

Material Paid for raw material

Overhead Twice the value of all labor cost

Multifactor Productivity Formula answer i