Question: please type answer and steps to computation . show steps that you solve the problem. 1. Lovely-Tech Company produces printers. In January, the company produced


please type answer and steps to computation . show steps that you solve the problem.
1. Lovely-Tech Company produces printers. In January, the company produced 4480 printers per week. The company has 28 direct labor employees. Each employee works 40 hours per week with an hourly wage of $25.00. The material cost of the firm per week is $16,000.00. The overhead expense incurred in operating the firm is $12,000 per week. (2) In February, Lovely-Tech Company has reengineered its production line with new machine. The current production process made 4,600 printers per week and required only 26 direct labor employees. Suppose the material cost and this overhead remain the same, what is growth rate (in percentage) in weekly multi-factor productivity from January to FebruaryStep by Step Solution
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