Question: Problem 2-3 (Algo) Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40 hour weeks and an

Problem 2-3 (Algo) Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40 hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Workers Materials 450 Week 1 2 3 1 Output (units) 34,000 39,000 26,000 36,000 5.40 460 560 7 Click here for the Excel Data File MFP Outut/Tot Cost 1 2 3 566 6.04 453 5:42 4

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