Question: NEEDING RATIOS FOR ALL FOUR WEEKS, PLEASE EXPLAIN THE PROCESS At Symtecks, the output of a process is valued at $90 per unit. The cost

NEEDING RATIOS FOR ALL FOUR WEEKS, PLEASE EXPLAIN THE PROCESS

At Symtecks, the output of a process is valued at $90 per unit. The cost of labor is $45 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 977 Units Produced Labor ($) Material ($) Overheads ($) 1,153 12,551 21,467 9,211 1,306 14,842 24,523 10,530 1,088 10,563 20,392 8.786 9,576 18.414 7,798 a. The multifactor productivity ratio for week 1 is (Enter your response rounded to two decimal places.)

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