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Use Excel to compute multifactor productivity for the following two weeks. Assume 40-hour weeks and an...

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.

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