The following table shows the output of the past four weeks' production: a. Assume a total...
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The following table shows the output of the past four weeks' production: a. Assume a total of 40 hours of work a week. Calculate the labour productivity per hour for each week Labour Productivity per hour Week 1 2 3 4 Output (units) Week 1 2 3 4 289 333 318 350 b. Calculate the multi-factor productivity measure for each week below. Assume 40 hours of work a week and an hourly wage rate of $14. Overhead is 1.5 times weekly labour cost. Material cost is $8 per kilogram. Selling price is $128 per unit. What do the productivity figures suggest? (Round the final answers to 2 decimal places.) $ $ $ $ Workers 4 5 5 6 MFP Material (kg) 42 43 42 45 per $ input per $ input per $ input per $ input The following table shows the output of the past four weeks' production: a. Assume a total of 40 hours of work a week. Calculate the labour productivity per hour for each week Labour Productivity per hour Week 1 2 3 4 Output (units) Week 1 2 3 4 289 333 318 350 b. Calculate the multi-factor productivity measure for each week below. Assume 40 hours of work a week and an hourly wage rate of $14. Overhead is 1.5 times weekly labour cost. Material cost is $8 per kilogram. Selling price is $128 per unit. What do the productivity figures suggest? (Round the final answers to 2 decimal places.) $ $ $ $ Workers 4 5 5 6 MFP Material (kg) 42 43 42 45 per $ input per $ input per $ input per $ input
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