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 hourly

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.) Woek Output (unita) Material (lbs Workers 5 1 2 30,000 35.000 30,000 40,000 450 500 500 600 7 Click here for the Excel Data File Week MFP (Output / Total Cost) 1 2 3 4

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