Question: Please show work!! Problem 5. (10 points) a) Compute the multifactor productivity measure (output in sales dollars) for each week using the data provided below

Please show work!! Problem 5. (10 points) a)

Please show work!!

Problem 5. (10 points) a) Compute the multifactor productivity measure (output in sales dollars) for each week using the data provided below to produce chocolate bars. Assume 40-hour weeks and an hourly wage of $14 for labor. Overhead cost is 2 times the total weekly labor cost. Material cost is $27.5 per pound. Standard price to sell is $150 per unit. (9 points) Output Week (units) 1 2,500 2 2,750 3 2,850 4 3,100 Worker Material S (lbs) 12 540 13 580 13 600 14 620 b) What do the productivity figures suggest? (What is the trend?) (1 point)

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