Compute the multifactor productivity measure

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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 $12. Overhead is 1.5 times weekly labor cost. Material cost is $8 per pound. (Round your answers to 2 decimal places.) Week Output (units) Workers Material (lbs) 1 30,000 5 480 2 34,000 7 500 3 32,000 8 480 4 35,000 9 530 Week MFP 1 2 3 4

Reference no: EM13993594

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