Question: Last week, your regular process created 445 coats and consumed 2850 yards of material. Given the following data, calculate the multifactor productivity. (Keep four decimal
Last week, your regular process created 445 coats and consumed 2850 yards of material. Given the following data, calculate the multifactor productivity. (Keep four decimal places)
Overhead: $1700 plus 55% of the direct labor cost
Labor: 37.7 hours last week
Labor cost $16.80 per hour
Material cost $11.80 per yard
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