Trombly Fabrication has three production facilities located in the state, each producing the same basic mix...

  

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Trombly Fabrication has three production facilities located in the state, each producing the same basic mix of products. Facility 1 was the original plant and the only one for several years. Facilities 2 and 3 were added recently to handle the increased volume. Data for the three facilities on output and the three primary inputs for the most recent period follow: Value of product produced Materials cost Labor cost Overhead Facility 1 Facility 2 $546,698 $ 284,108 224,000 139,400 41,100 93,820 101,980 82,900 Facility 3 $ 243,432 124,700 Required: a. Compute the total factor productivity for the three production facilities. Note: Round your answers to 2 decimal places. 37,200 72,900 Trombly Fabrication has three production facilities located in the state, each producing the same basic mix of products. Facility 1 was the original plant and the only one for several years. Facilities 2 and 3 were added recently to handle the increased volume. Data for the three facilities on output and the three primary inputs for the most recent period follow: Value of product produced Materials cost Labor cost Overhead Facility 1 Facility 2 $546,698 $ 284,108 224,000 139,400 41,100 93,820 101,980 82,900 Facility 3 $ 243,432 124,700 Required: a. Compute the total factor productivity for the three production facilities. Note: Round your answers to 2 decimal places. 37,200 72,900

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