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(Solved): The weekly output of a fabrication process is shown below, together with data for labor and material ...



The weekly output of a fabrication process is shown below, together with data for labor and material inputs. Standard selling price is $125 per unit. Overhead is charged weekly at the rate of $1,500 plus .5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per foot. What is the average multifactor productivity? WeekOutputNumber of WorkersMaterial (foot)139252,720240862,790 Multiple Choice 1.463 1.457 1.431



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