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Determine The Productivity
Determine The Productivity
Multifactor productivity
Determine the multifactor productivity for the combined input of labor and machine time:
1. Given:
Output : 7,040 units
Input
Labor: $ 1,000
Materials: $ 520
Overhead: $ 2,000
2. A wrapping-paper produced 2,000 rolls of paper one day. Standard price is $ 1/roll. Labor cost
was $160, material coat was $50, and overhead was $30. Determine the mutifactor
productivity.