Compute the multifactor productivity measure for each

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Problem - Compute the multifactor productivity measure for each of the 4 weeks shown for production of chocolate bars. What do the productivity figures suggest? Assume 40-hour weeks and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound.

Week

Output (units)

Workers

Material (pounds)

1

30,000

6

450

2

33,600

7

470

3

32,200

7

460

4

35,400

8

480

Reference no: EM132633244

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