What is our multifactorial productivity

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1. In producing 249 units of our signature product, we require 113 hours of labor, 306 dollars worth of overhead, and 85 units of material. Labor costs 30 per hour and material costs 43 per unit. A unit of output is work 570. What is our multifactorial productivity?

2. Last week a firm produced 1,084 units of its signature product. In producing those units, 4 employees worked 24 hours each. In units per labor hour, what was labor productivity?

Reference no: EM131807259

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