Saturday 23 November 2013

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 $6 per pound. (Round your answers to 2 decimal places.) Week Output (units) Workers Material (lbs) 1 29,000 5 470 2 32,000 7 460 3 33,000 7 510 4 36,000 8 520 Week MFP 1 2 3 4 rev: 03_15_2012 Explanation: 1 2 3 4 5 6 7 Week Output Worker Cost @ $18×40 Overhead Cost @1.5 Material Cost@$6 Total Cost MFP (2) ÷ (6) 1 29,000 3,600 5,400 2,820 11,820 2.45 2 32,000 5,040 7,560 2,760 15,360 2.08 3 33,000 5,040 7,560 3,060 15,660 2.11 4 36,000 5,760 8,640 3,120 17,520 2.05

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 $6 per pound. (Round your answers to 2 decimal places.)
  
  Week Output (units) Workers Material (lbs)
1 29,000 5 470
2 32,000 7 460
3 33,000 7 510
4 36,000 8 520

   
Week MFP      
  1   
  2  
  3  
  4  


rev: 03_15_2012


Explanation:

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