This homework set has $2$ Problems. The total credit for this homework set is $20.$

Please write down your name, ID$,$ and section number on the upper$-$right corner of the paper.

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Problem $1$: $(16$ Points$)$

A company produces cholate bars. Assume $40-$hour weeks and an hourly wage of $$12.$ Overhead is $1\mathrm{.}5$ times weekly labor cost. Material cost is $$6$ per pound.

Week Output $($units$)$ Workers Material $($lbs$)$

$130,0006450$

$233,6007470$

$332,2007460$

$435,4008480$

$($a$)$ Compute the multifactor productivity measure for Week $1$ for production of chocolate bars.

$($b$)$ Compute the multifactor productivity measure for Week $2$ for production of chocolate bars.

$($c$)$ Compute the multifactor productivity measure for Week $3$ for production of chocolate bars.

$($d$)$ Compute the multifactor productivity measure for Week $4$ for production of chocolate bars.