Answered: cost is $7 per foot. What is the…

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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Question

The weekly output of a fabrication process is shown below, together with data for labor and
material inputs. Standard selling price is $200 per unit. Overhead is charged weekly at the rate of
[[$1,200 + 3/4 X direct labor cost]]. Assume a 40-hour week and an hourly wage of $20. Material
cost is $7 per foot. What is the average multifactor productivity?

WEEK
OUTPUT
#WORKERS
MATERIAL (FT)
1
25,512
13500
2
25, 900
14200
3
25, 950
6.
14500
4
26,210
8
14700

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