Problem 2 3 Compute Multifactor Productivity Measure Weeks Shown Production Chocolate Bars Q29305073

Problem 2-3

Compute the multifactor productivity measure for each of theweeks shown for production of chocolate bars. Assume 40-hour weeksand an hourly wage of $12. Overhead is 1.5 times weekly labor cost.Material cost is $7 per pound. (Round your answers to 2decimal places.)

  WeekOutput(units)WorkersMaterial(lbs)130,0005480233,0008530332,0008520435,0009500

WeekMFP       1    2    3    4