Question: Is that correct? Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly
Is that correct?
Compute the multifactor productivity 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 | 30,000 | 5 | 450 |
| 2 | 35,000 | 7 | 500 |
| 3 | 30,000 | 7 | 500 |
| 4 | 40,000 | 7 | 600 |
12050
15700
15700
16600
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