Question: Question Set 2 . For this question set, you will calculate labor productivity and multifactor productivity, both in tons of wheat produced per dollar value

Question Set 2. For this question set, you will calculate labor productivity and multifactor productivity, both in tons of wheat produced per dollar value of inputs.
A Wheat Manufacturer employs 60 field workers (each working 50 hours per week at a wage of $15hr) and 30 line workers (each working 25 hours per week at a wage of $12hr).
The business has capital expenses of $20,000 per week and produces 450,000 tons of rice per week.
Recently, the company decided to invest on additional equipment which increased the capital expenses by 12%. Also, the number of field workers was cut short by 8% whereas line workers were 15% more recruited. Both field and line workers were given a raise of 8% and 10%, respectively. Due to the above-mentioned changes, the new system reported to have an 9% more output than the old system.
You will need the following formulas:
Labor productivity =[Weeklyoutput][Weeklytotallaborcost]
Multifactor productivity =[Weeklyoutput][Weeklytotallaborcost+Weeklycapitalexpenses]
After copying the table below into Excel, solve the following questions and fill the table
\table[[,OLD SYSTEM,% CHANGE,NEW SYSTEM],[Number of Field workers,60,-0.08,?
 Question Set 2. For this question set, you will calculate labor

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