Production of chocolate bars

Reference no: EM13820116

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 $14. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound.

Week	Output (units)	Workers	Material (lbs)
1	29,000	5	470
2	32,000	8	460
3	32,000	7	500
4	34,000	8	560

Week	MFP (Output / Total Cost)
1
2
3
4

Reference no: EM13820116

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