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a. The multifactor productivity ratio for week 1 is The multifactor productivity ratio for week 2 is The multifactor productivity ratio for week 3 is The multifactor productivity ratio for week 4 is b. The labor productivity for week 1 is The labor productivity for week 2 is The labor productivity for week 3 is The labor productivity for week 4 is (Enter your response rounded to two decimal places.) (Enter your response rounded to two decimal places.) (Enter your response rounded to two decimal places.) (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.)

a. The multifactor productivity ratio for week 1 is The multifactor productivity ratio for week 2 is The multifactor productivity ratio for week 3 is The multifactor productivity ratio for week 4 is b. The labor productivity for week 1 is The labor productivity for week 2 is The labor productivity for week 3 is The labor productivity for week 4 is (Enter your response rounded to two decimal places.) (Enter your response rounded to two decimal places.) (Enter your response rounded to two decimal places.) (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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At Symtecks, the output of a process is valued at $100 per unit. The cost of labor is $45 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 1,191 1.314 1,088 14.842 10,563 Units Produced Labor (S) 12,933 Material ($) 21,168 24,473 20,442 Overheads ($) 9,764 10,430 8.686 a. The multifactor productivity ratio for week 1 is. (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 2 is. (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 3 is. (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 4 is. (Enter your response rounded to two decimal places.) b. The labor productivity for week 1 is units per hour. (Enter your response rounded to two decimal places.) The labor productivity for week 2 is units per hour. (Enter your response rounded to two decimal places.) The labor productivity for week 3 is The labor productivity for week 4 is units per hour. (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.) Enter your answer in each of the answer boxes. 977 9,576 18,414 7,798
Transcribed Image Text:At Symtecks, the output of a process is valued at $100 per unit. The cost of labor is $45 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 1,191 1.314 1,088 14.842 10,563 Units Produced Labor (S) 12,933 Material ($) 21,168 24,473 20,442 Overheads ($) 9,764 10,430 8.686 a. The multifactor productivity ratio for week 1 is. (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 2 is. (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 3 is. (Enter your response rounded to two decimal places.) The multifactor productivity ratio for week 4 is. (Enter your response rounded to two decimal places.) b. The labor productivity for week 1 is units per hour. (Enter your response rounded to two decimal places.) The labor productivity for week 2 is units per hour. (Enter your response rounded to two decimal places.) The labor productivity for week 3 is The labor productivity for week 4 is units per hour. (Enter your response rounded to two decimal places.) units per hour. (Enter your response rounded to two decimal places.) Enter your answer in each of the answer boxes. 977 9,576 18,414 7,798
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