Compute the multi factor productivity measure

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Compute the multi factor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $14. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound. (Round your answers to 2 decimal places.) Week Output (units) Workers Material (lbs) 1 29,000 4 480 2 33,000 8 530 3 32,000 7 490 4 34,000 8 520 Week MFP (Output / Total Cost) 1 2 3 4.

Reference no: EM131682731

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