For Week 1
Labor Cost = Number of workers * Number of weekly hours * wage per hour = 5*40*15 = $3000
Overhead cost = 1.5*weekly cost = 1.5*3000 = $4500
Material Cost = 510*10 = $5100
Total cost = Labor cost + Overhead cost + Material cost = 3000 + 4500 + 5100 = $12600
Chocolate bars produced = 40000
Multifactor Productivity = Number of chocolate bars/Total cost = 40000/12600 = 3.175
For Week 2
Labor Cost = Number of workers * Number of weekly hours * wage per hour = 6*40*15 = $3600
Overhead cost = 1.5*weekly cost = 1.5*3000 = $5400
Material Cost = 530*10 = $5300
Total cost = Labor cost + Overhead cost + Material cost = 3600 + 5400 + 5300 = $14300
Chocolate bars produced = 45000
Multifactor Productivity = Number of chocolate bars/Total cost = 45000/14300 = 3.147
%change = (3.147 - 3.175)/3.175*100% = -0.88 %
QUESTION 18 Questions 15-18) The following table shows data on the average number of chocolate bars...
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) 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 $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
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
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)
Chapter 2 Homework 27 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.) 10 week Output (units)WorkersMaterial (lbs) 32,900 37,800 28,800 38,8e0 470 520 480 580 (Output/ Total Cost)
Problem 2-3 e the multifactor productivity measure for each of the weeks shown for production of chocolate ba and an hourty wage of $16. Overhead is 15 times weekly labor cost Maternial costis s9 per pound. Round your answers to 2 decinel 33,000 38,000 27,000 37,000 4B0 530 470 570 2 k Prevo S Next > Problem 2-3 Compute the mutifactor productivity measure for each of the weeks shown for production of chocolate bars. Assune 40-hour weeks and an hourly...
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