Question: Question 3 2 points Save Answer The weekly output of a fabrication process is shown below, together with data for labor and material inputs. Standard

Question 3 2 points Save Answer The weekly output

Question 3 2 points Save Answer The weekly output of a fabrication process is shown below, together with data for labor and material inputs. Standard selling price is $123 per unit. Overhead is charged weekly at the rate of $1,500 plus 0.6 times direct labor cost. Assume a 40-hour week and an hourly wage of $18. Material cost is $18 per foot. Week Output (unit) #Workers Material (ft) 1 392 5 2,720 2 408 6 2,790 What is the average multifactor productivity (note: output must be measured according to dollar values)? Round your answer o one decimal place

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