Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places) Week 1 Click here for the Excel Data File Week 1 2 3 Output (units) 32,000 37,000 20,000 30,000 4 Workers 5 MFP (Output/Total Cost) Material (lbs) 470 520 400 580

Practical Management Science
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Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks
and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal
places.)
Week
1
2
Click here for the Excel Data File
Week
1
2
Output (units)
32,000
37,000
20,000
38,000
3
4
Workers
MFP (Output/Total Cost)
Material (169)
470
520
400
500
Transcribed Image Text:Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week 1 2 Click here for the Excel Data File Week 1 2 Output (units) 32,000 37,000 20,000 38,000 3 4 Workers MFP (Output/Total Cost) Material (169) 470 520 400 500
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