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Question : Problem 2-3
Compute the multifactor productivity measure : 4146

Problem 2-3

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 $20. Overhead is 1.5 times weekly labor cost. Material cost is $7 per pound. **(Round your answers to 2 decimal places.)**

MFP (Output / Total Cost)

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 $20. Overhead is 1.5 times weekly labor cost. Material cost is $7 per pound. |