Weekly multifactor productivity is given using below formula
In this,
Labor Cost = Workers*Weekly Hours*Wages
Material Cost = Material*Material Cost
Overhead Cost = 0.5*Workers*Weekly Hours*Wages + 1500
For Week 1, we have multifactor productivity is
For Week 2, we have multifactor productivity is
For Week 3, we have multifactor productivity is
For Week 4, we have multifactor productivity is
Hence average multifactor productivity = (1.444+1.431+1.463+1.451)/4 = 1.447
The weekly output of a production process is shown below, together with data for labor and...
Compute the average multifactor productivity for this process. ogether with labor and material (X-ray film) inputs. The standard charge valueofte data f per unit. Overhead is charged weekly at a rate of $1,500 plus 0.5 times direct l $125 Assume a forty-hour week and an hourly wage of $16. Material cost is o Compute the average multifactor productivity for this process. b. Does a targei piu. ts. The standard charge value of the output is 94 The weekly output of...
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 $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week Output (units) 26,000 31,000 29,000 33,000 Workers Material (1bs) 400 450 490 510 WeekMFP (output/ Total Cost)
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 $14. Overhead is 1.5 times weekly labor cost. Material cost is $8 per pound. (Round your answers to 2 decimal places.) Week Output (units) Workers Material (lbs) 1 29,000 4 470 2 34,000 7 540 3 30,000 7 490 4 35,000 9 530
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 $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) ] Week Output (units) Workers Material (lbs) 1: 28,000 7 430 2: 33,000 8 480 3: 32,000 4 520 4: 42,000 9 620
The details of weekly outputs and inputs for a hotel cleaning process are as follows: Output is 400 units, with a standard room rate of $150 per unit. For the week, total labor costs are: 10 workers at 40 hours for the week, paid $20 per hour. Total material costs for the 400 units are $2,000. Weekly overhead is charged at the rate of 1.5 times the labor costs. What is the multi-factor productivity for the week? A. 2.73 B....
Question 47 5 pts 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 $12. Overhead is 2 times weekly labor cost. Material cost is $6 per pound. What is the productivity of the most productive week? (Round your answers to 2 decimal places.) Week Output (units) Workers Material (lbs) 30,000 33,000 32,000 36,000 470 550 540 560 2.49 2.23 3.23 2.17 2.99
Problem 2-3 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 $16. Overhead is 1.5 times weekly labor cost Material cost is $9 per pound. (Round your answers to 2 decimal places.) Workers Material (1lbs) t (units) 25,000 30,000 35,000 45,000 400 450 550 650 12 MFP (Output/Total Cost)
Use Excel to compute multifactor productivity for the following two weeks. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. Week Output(units) Workers Material(lbs) 1 30,000 6 450 2 35,400 8 480 How much percent is the productivity increase or decrease in Week 2 compared to Week 1? An Excel file must be uploaded to indicate your computation to get the points of this question.
Please answer the following question correctly please: Problem 2-3 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 $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Output (units) 32,000 37,000 28,000 38,000 Week Workers Material (lbs) 470 520 480 580 3 Week MFP (output /Total Cost)
QUESTION 18 Questions 15-18) The following table shows data on the average number of chocolate bars produced each week, together with data for labor and material Assume 40-hour weeks and an hourly wage of $15 Overhead is 1.5 times weekly labor cost Material cost is $10 per pound #Chocolate bars Produced / Weekl#Workers Material (lbs Week 1 Week 2 40,000 45,000 6 510 530 Compute the productivity growth from Week 1 to Week 2 using the multifactor productivities. Round the...