J Click here to view the results sheet. Inputs Tutor - Productivity Measures Enter data in yellow shaded areas. a. Multifactor productivity is the ratio of the value of output to the value of input. Step 1. Enter the number of tickets sold during a season, the price per ticket, and the surcharge per ticket. To compute value of output, multiply tickets sold by the sum of price and surcharge. Tickets sold: 4,700 Value of output: $100 Price: $18 Surcharge: $3 Step 2. Enter labor costs, materials costs per passenger, and overhead cost. For value of input, add labor costs, materials costs times number of passengers, and overhead costs. Labor costs: $110,000 Materials costs: $1.30 Overhead: $79,000 Value of input: Step 3. To calculate multifactor productivity, divide value of output by value of input. Multifactor productivity: b. Labor productivity is the ratio of the value of output to labor hours. The value of output is computed in part a, step 1. Step 1. Enter person-hours per week and the number of weeks in the season; multiply the two together to calculate labor hours of input. Hours per week: 310 Weeks: 8 Labor hours of input: Step 2. To calculate labor productivity, divide value of output by labor hours of input. Labor productivity: Click here to view the Results sheet. Excel File Edit View Insert Format Tools Data Window Help AutoSave OFF 1. Tutor Productivity Measures 8 Home Insert Draw Page Layout Formulas Data Review View Tell me Conditional Formatting v v A. % V o V Format as Table Paste Font Alignment Number Cells Editing IN Analyze Data Sensitivi Cell Styles L32 x fx Results Tutor - Productivity Measures a. Multifactor productivity is the ratio of the value of output to the value of input. Step 1. Enter the number of tickets sold during a season, the price per ticket, and the surcharge per ticket. To compute value of output, multiply tickets sold by the sum of price and surcharge. Tickets sold: 4,700 Value of output: $98,700 Price: $18 Surcharge: $3 Step 2. Enter labor costs, materials costs per passenger, and overhead cost. For value of input, add labor costs, materials costs times number of passengers, and overhead costs. Labor costs: $110,000 Materials costs: $1.30 Overhead: $79,000 Value of input: $195,110 Step 3. To calculate multifactor productivity, divide value of output by value of input. Multifactor productivity: 0.51 b. Labor productivity is the ratio of the value of output to labor hours. The value of output is computed in part a, step 1. Step 1. Enter person-hours per week and the number of weeks in the season; multiply the two together to calculate labor hours of input. Hours per week: 310 Weeks: 8 Labor hours of input: 2,480 Step 2. To calculate labor productivity, divide value of output by labor hours of input. Labor productivity: 40 J Click here to view the results sheet. Inputs Tutor - Productivity Measures Enter data in yellow shaded areas. a. Multifactor productivity is the ratio of the value of output to the value of input. Step 1. Enter the number of tickets sold during a season, the price per ticket, and the surcharge per ticket. To compute value of output, multiply tickets sold by the sum of price and surcharge. Tickets sold: 4,700 Value of output: $100 Price: $18 Surcharge: $3 Step 2. Enter labor costs, materials costs per passenger, and overhead cost. For value of input, add labor costs, materials costs times number of passengers, and overhead costs. Labor costs: $110,000 Materials costs: $1.30 Overhead: $79,000 Value of input: Step 3. To calculate multifactor productivity, divide value of output by value of input. Multifactor productivity: b. Labor productivity is the ratio of the value of output to labor hours. The value of output is computed in part a, step 1. Step 1. Enter person-hours per week and the number of weeks in the season; multiply the two together to calculate labor hours of input. Hours per week: 310 Weeks: 8 Labor hours of input: Step 2. To calculate labor productivity, divide value of output by labor hours of input. Labor productivity: Click here to view the Results sheet. Excel File Edit View Insert Format Tools Data Window Help AutoSave OFF 1. Tutor Productivity Measures 8 Home Insert Draw Page Layout Formulas Data Review View Tell me Conditional Formatting v v A. % V o V Format as Table Paste Font Alignment Number Cells Editing IN Analyze Data Sensitivi Cell Styles L32 x fx Results Tutor - Productivity Measures a. Multifactor productivity is the ratio of the value of output to the value of input. Step 1. Enter the number of tickets sold during a season, the price per ticket, and the surcharge per ticket. To compute value of output, multiply tickets sold by the sum of price and surcharge. Tickets sold: 4,700 Value of output: $98,700 Price: $18 Surcharge: $3 Step 2. Enter labor costs, materials costs per passenger, and overhead cost. For value of input, add labor costs, materials costs times number of passengers, and overhead costs. Labor costs: $110,000 Materials costs: $1.30 Overhead: $79,000 Value of input: $195,110 Step 3. To calculate multifactor productivity, divide value of output by value of input. Multifactor productivity: 0.51 b. Labor productivity is the ratio of the value of output to labor hours. The value of output is computed in part a, step 1. Step 1. Enter person-hours per week and the number of weeks in the season; multiply the two together to calculate labor hours of input. Hours per week: 310 Weeks: 8 Labor hours of input: 2,480 Step 2. To calculate labor productivity, divide value of output by labor hours of input. Labor productivity: 40