What is average multifactor productivity for this process

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Reference no: EM132300166

The weekly out rate of a production process is shown below, together with data for labor, material inputs, and energy. The overhead cost is charged weekly at the rate of 500 plus 0.25 times direct labor cost. Assume a 40-hour week and an hourly wage of $12. Material cost is $6.5 per running foot. The energy cost is $0.05 per kWh. What is the average multifactor productivity for this process?

Week Output Number of workers Materials (ft) Energy (kwh)

1 1240 12 1820 15000

2 1300 16 1912 16500

3 1168 14 1765 14300

4 1121 11 1700 12000

5 1243 18 1867 16000

Reference no: EM132300166

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