Question: Please do all 4 weeks in section B. I will give thumbs up At Symtecks, the output of a process is valued at $90 per
Please do all 4 weeks in section B.
I will give thumbs up
At Symtecks, the output of a process is valued at $90 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Units Produced Labor ($) Material ($) Overheads ($) 1,113 12,023 20,449 8,721 1,314 14,842 24,523 10,530 Week 3 1,092 10,603 20,442 8,736 Week 4 985 9,576 18,414 7,848 a. The multifactor productivity ratio for week 1 is 2.41. (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 2 is 2.37 . (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 3 is 2.47 . (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 4 is 2.47. (Enter your response rounded to two decimal places.) b. The labor productivity for week 1 is units per hour. (Enter your response rounded to two decimal places.)Step by Step Solution
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