Compute the multifactor productivity measure for each of the weeks
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 $18. Overhead is 1.5 times weekly labor cost. Material cost is $7 per pound. (Round your answers to 2 decimal places.)
WeekOutput (units)WorkersMaterial (lbs)30,000 54102 33,000 7550333,0008480435,0008550
Week output workers material(pounds)
1 30000 5 410
2 33000 7 550
3 33000 8 480
4 35000 8 550
weekMFP (Output / Total Cost)
1 2 3 4