workout problem 7

7. The following table shows data on the average number of customers processed by several bank ser. vice units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and mate- rial cost is $5 per customer. Unit Customers Processed/Day Employees a. Compute the labor productivity and the multifactor productivity for each unit. Use an eight- hour day for multifactor productivity. b. Suppose a new, more standardized procedure is to be introduced that will enable each emplovee to process one additional customer per day. Compute the expected labor and multifactor produc- tivity rates for each unit