What is the multifactor productivity ratio for week 1?  What is the multifactor productivity ratio for week 2?  What is the multifactor productivity ratio for week 3? Use two decimal places.

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What is the multifactor productivity ratio for week 1? 

What is the multifactor productivity ratio for week 2? 

What is the multifactor productivity ratio for week 3?

Use two decimal places. 

At Symbiotech, the output of a process is valued at $110 per unit. The
cost of labor is $50 per hour including benefits. The accounting
department provided the following information about the process for the
past four weeks:
Week 1
Week 2
Week 3
Week 4
Units
1161
1310
1092
985
produced
Labor ($)
12002
14842
10563
9576
Material ($) 20373
24573
20492
18364
Overhead ($) 8649
10430
8686
7798
Transcribed Image Text:At Symbiotech, the output of a process is valued at $110 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 Units 1161 1310 1092 985 produced Labor ($) 12002 14842 10563 9576 Material ($) 20373 24573 20492 18364 Overhead ($) 8649 10430 8686 7798
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