Question: S Problem 2-3 (Algo) Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an

S Problem 2-3 (Algo) Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week 1 2 3 4 Output (units) 34,000 39,000 26,000 36,000 Click here for the Excel Data File Week 1 2 3 4 Workers 7 8 4 7 MFP (Output/Total Cost) Material (lbs) 490 540 460 560 Ch

Compute the multaftor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Click here for the Excel Data File

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