Strategic Tools & KPIs Workbook | 705 Loading u Strategic Management Project 25 Exercise 5: (Boehring University Multifactor Productivity) (5 marks) Student tuition at Boehring University is S 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 S20 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? Please type your answer below