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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