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. show work and please include formulas used. thank
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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