Question: PLEASE SHOW YOUR WORK, INCLUDING THE FORMULA!!! The information below is taken from the annual operation of a manufacturing business. Units produced: 800,000 Standard price/Unit:

PLEASE SHOW YOUR WORK, INCLUDING THE FORMULA!!!

The information below is taken from the annual operation of a manufacturing business. Units produced: 800,000 Standard price/Unit: $1,250 Labor input in Hours: 300,000 Cost of labor/Hour: $25.00 Cost of materials/Unit: $500.00 Cost of overhead: 2.2 X Labor - 1. What is the multi-factor productivity value of labor, material & overhead stating output in Dollars? 2. What is the multi-factor productivity value of labor, material & overhead stating output in Units? (carry 4 decimal places) 3. Stated in dollars, what is the single factor productivity of Labor for this operation

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