Question: The Abco Company manufactures electrical assemblies. The current process uses 1 0 workers and produces 2 0 0 units per hour. You are considering changing
The Abco Company manufactures electrical assemblies. The current process uses workers and produces units per hour. You are considering changing the process with new assembly methods that increase output to units per hour but will require workers. See information below. Workers are paid at a rate of $ per hour, and overhead is charged at or times labor costs. Finished switches sell for $ unit. What is the multifactor productivity ratio for the Current Process in dollars of output per dollars of input per hour. Show your answer to two decimal places without the dollar sign For example,
Current Process:
Output of units per hour, workers, $ material cost per hour.
New Process:
Output of units per hour, workers, $ material cost per hour.
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