Question: [Problem 5] Compute the multifactor productivity measure for an eight-hour day in which the output was 300 units, produced by three workers who used 600

[Problem 5] Compute the multifactor productivity measure for an eight-hour day in which the output was 300 units, produced by three workers who used 600 pounds of materials. 10% of the output was not usable and had to be scrapped. Workers have an hourly wage of $20, and material cost is $1 per pound. Overhead is 1.5 times labor cost

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