The weekly output of a production process is shown below,together with data for labour and material inputs.The standard inventory value of the output is $125 per unit.Overhead is charged weekly at the rate of $1500 plus .5 times direct labour cost.Assume a 40-hour week and an hourly wage of $16.Material cost is $10 per running foot.Compute the average multifactor productivity for this process.
11eab92b_c4af_cf94_99e6_f139fb1ba35c

Question

The weekly output of a production process is shown below,together with data for labour and material inputs.The standard inventory value of the output is $125 per unit.Overhead is charged weekly at the rate of $1500 plus .5 times direct labour cost.Assume a 40-hour week and an hourly wage of $16.Material cost is $10 per running foot.Compute the average multifactor productivity for this process.
 11eab92b_c4af_cf94_99e6_f139fb1ba35c

Quizplus · Accepted Answer

The Answer of The weekly output of a production process is shown below,together with data for labour and material inputs.The standard inventory value of the output is $125 per unit.Overhead is charged weekly at the rate of $1500 plus .5 times direct labour cost.Assume a 40-hour week and an hourly wage of $16.Material cost is $10 per running foot.Compute the average multifactor productivity for this process.
 11eab92b_c4af_cf94_99e6_f139fb1ba35c

The Weekly Output of a Production Process Is Shown Below,together