The weekly output of a production process is shown below, together with data for labor and material inputs. The standard inventory value of the output 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 running foot. What is the average multifactor productivity for this process? $$\begin{array} { l c c c }
\text { Week } & \text { Output } & \text { \# Workers } & \text { Material (ft) } \
\hline 1 & 412 & 6 & 2840 \
2 & 364 & 5 & 2550 \
3 & 392 & 5 & 2720 \
4 & 408 & 6 & 2790
\end{array}$$

Question

The weekly output of a production process is shown below, together with data for labor and material inputs. The standard inventory value of the output 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 running foot. What is the average multifactor productivity for this process? $$\begin{array} { l c c c } 
\text { Week } & \text { Output } & \text { \# Workers } & \text { Material (ft) } \
\hline 1 & 412 & 6 & 2840 \
2 & 364 & 5 & 2550 \
3 & 392 & 5 & 2720 \
4 & 408 & 6 & 2790
\end{array}$$

Quizplus · Accepted Answer

The Answer of The weekly output of a production process is shown below, together with data for labor and material inputs. The standard inventory value of the output 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 running foot. What is the average multifactor productivity for this process? $$\begin{array} { l c c c } 
\text { Week } & \text { Output } & \text { \# Workers } & \text { Material (ft) } \
\hline 1 & 412 & 6 & 2840 \
2 & 364 & 5 & 2550 \
3 & 392 & 5 & 2720 \
4 & 408 & 6 & 2790
\end{array}$$

The Weekly Output of a Production Process Is Shown Below