Question: compute the unit-less multifactor productivity measure for an eight-hour day in which the usable output was 400 units, produced by three workers who used 600
compute the unit-less multifactor productivity measure for an eight-hour day in which the usable output was 400 units, produced by three workers who used 600 pounds of materials. Workers have an hourly wage of $20, material cost is $2 per pound, and the selling price for a unit is $8. Overhead is $500 plus 2.0 times labor cost.
A. 1.28
B. 1.10
C. 1.02
D. 0.102
E. 1.10
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