A hamburger factory produces 1,975 hamburgers each week. Assume there are 48 working weeks per year. The equipment used for making hamburgers costs $73,059 and will remain productive for 5 years. The factory has 10 employees and the average monthly salary is $4,000 per person. The average utility cost for the factory is $4,947 per month. What is the factory's multi-factor productivity, in terms of equipment and utility?

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A hamburger factory produces 1,975 hamburgers each week. Assume
there are 48 working weeks per year. The equipment used for making
hamburgers costs $73,059 and will remain productive for 5 years. The
factory has 10 employees and the average monthly salary is $4,000 per
person. The average utility cost for the factory is $4,947 per
month. What is the factory's multi-factor productivity, in terms of
equipment and utility?
Numbers only, keep three decimals if not exact, either round up or down is ok
Transcribed Image Text:A hamburger factory produces 1,975 hamburgers each week. Assume there are 48 working weeks per year. The equipment used for making hamburgers costs $73,059 and will remain productive for 5 years. The factory has 10 employees and the average monthly salary is $4,000 per person. The average utility cost for the factory is $4,947 per month. What is the factory's multi-factor productivity, in terms of equipment and utility? Numbers only, keep three decimals if not exact, either round up or down is ok
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