Question: What is the Multifactor productivity for the Blue Space Inc if they have the following data? Units produced: 5,000 Standard price: $30/unit Labor input: 500

    • What is the Multifactor productivity for the Blue Space Inc if they have the following data?

      Units produced: 5,000

      Standard price: $30/unit

      Labor input: 500 hours

      Cost of labor: $25/hour

      Cost of materials: $5,000

      Cost of overhead: 2x labor cost


    • What is the multifactor productivity for the produced units?

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