What is the multifactor productivity for each of three weeks

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Reference no: EM132172744

The weekly output of a fabrication process is shown below together with data for labor and material costs. Overhead is charged weekly at the rate of 1.5 times direct labor cost. Assume a 40-hour week and an hourly wage of $25. (1) What is the multifactor productivity for each of the three weeks? (2) What is the growth rate (in percentage) of weekly multifactor productivity from week 1 to week 2 and week 2 to week 3? Week Output No. of workers Material costs 1 32000 6 18000 2 35000 7 20000 3 36000 6 23000

Reference no: EM132172744

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