Question: show work and please include formulas used. thank you. The weekly output of a fabrication process is shown below, together with data for labor and

show work and please include formulas used. thank you.

The weekly output of a fabrication process is shown below, together with data for labor and material inputs. Overhead is charged weekly at the rate of $2,000 plus 0.5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $20 per foot. What is the average multifactor productivity for the week 1? Week Output Number of Workers Materials (Foot) 1 50000 20 3000

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