Question: Please show detailed steps to help me better understand. Question 2 A company produces a product. In the last production period, the company produced 138

Please show detailed steps to help me better understand.

Question 2 A company produces a product. In the last production period, the company produced 138 units, but 24 units were defective. Defective units could not be sold. Each unit of product requires 15 labor hours. Labor cost is $21 per hour, materials cost is $285 per unit, and overhead is $10,667. Each unit of product sold for $2,113 per unit. What is the multifactor productivity ratio (in output dollar per input dollar) in the last production period? Use at least 4 decimals. You must show your calculation steps and brief explanation on your Excel spreadsheets

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