Question: Solve the following practical question. ( 1 0 marks ) Student tuition at Boehring University is $ 1 5 0 per semester credit hour. The

Solve the following practical question.
(10 marks)
Student tuition at Boehring University is $ 150 per semester credit hour. The state supplements school revenue by $100 per semester credit hour. Average class size for a typical 3 credit course is 50 students. Labor costs are $4,000 per class, materials costs are $20 per student per class, and overhead costs are $25,000 per class.
a. What is the multifactor productivity ratio for this course process?
b. If instructions work an average of 14 hours per week for 16 weeks for each 3 credit class of 50 students, what is the labor productivity ratio?

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