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 $25. (1) What is the multifactor productivity for each of the three weeks? (2) What is the growth rate (in percentage) of weekly multifactor productivity from week 1 to week 2 and week 2 to week 3? Week Output No. of workers Material costs 35000 8 18500 12 37000 19 20000 B 39000 8 23000