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Please solve the following problems related to Productivity (Chapter 2) 1. The weekly output of a fabrication process is shown below together with data for labor and material costs. Overhead is charged weekly at the rate of 1.5 times direct labor cost. Assume a 40-hour week and an hourly wage of $30. (1) What is the multifactor productivity for each of the three weeks? (2) Based on your computation of (1), what is the growth rate (in percentage) of multifactor productivity from week 1 to week 2 and week 2 to week 3? Week No. of workers | 8 Output 52,000 56,000 58,000 Material costs 19,000 22,000 23,000