Question: CURRENT PROCESS NEW PROCESS OUTPUT ( UNITS / HOUR ) 2 0 0 3 0 0 NUMBER OF WORKERS 1 0 1 4 MATERIAL COST
CURRENT PROCESS NEW PROCESS
OUTPUT UNITS HOUR
NUMBER OF WORKERS
MATERIAL COST HOUR $ $
Workers are paid $ per hour, and the overhead is or times of labor costs. Finished product X sells for $ unit. Use the information provided in Table What is the multifactor productivity of the new process?
Group of answer choices
greater than but less than or equal to
greater than but less than or equal to
less than or equal to
greater than
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