Question 31 1 pts A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 25%, but one additional worker required. Under the old process, five workers could produce 60 units per hour. Labor costs are $12/hour, and material cost was previously $16/unit. For the new process, material cost is now $10/unit Overhead is charged at 1.6 times direct labor cost. Finished units sell for $31 each. What increase in multifactor productivity is associated with the process improvement? (Please carry THREE decimal places for calculation of productivity.) 09.0396 48.8396 40.7596 19.0896 O 55.0496 Question 32 1 pts Last week 5 workers produced 392 units in a fabrication process. Total material usage was 2,720 feet. Assume a 40-hour week and an hourly wage of $16 per worker. Material cost is $10 per foot. Overhead is charged weekly at the rate of $1,500 plus 0.5 times direct labor cost. Standard selling price is $125 per unit. What is the multifactor (labor, material, and overhead) productivity? O 1.892 O 1.736 1.463 O 1.305 2.222