Question: Question 2 ( 3 marks) (Show all your work for full marks) The weekly output of a production process for Perk and Co. is shown

Question 2 ( 3 marks) (Show all your work for full marks) The weekly output of a production process for Perk and Co. is shown below, together with data for labour and material inputs. The standard inventory value of the output is $155 per unit. Overhead is charged weekly at the rate of $1000 plus .5 times direct labour cost. Assume a 40-hour week and an hourly wage of $26. Material cost is $2.5 per running foot. Required: Compute the average multifactor productivity for this process

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