Calculate labor productivity

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Reference no: EM1372332

An Appliance Service firm made home calls and repaired ten lawn movers, two refrigerators, and three washers in an 8-hour day with his standard crew of 3 workers. The average wage for the workers is $12 per hour. The materials cost for a day was $200 while the overhead cost was $50.
(a) What is the company's labor productivity, if the retail price for each respective service is $50, $200, and $120?
(b) What is the multifactor productivity, if the crew consisted of two of each type mechanic?
(c) How much of a reduction in input is necessary for a 5% increase in multifactor productivity?

Reference no: EM1372332

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