4. At Symtecks, the output of a specific process is valued at $100 per unit. The cost of labor is $50 per hour including

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4 At Symtecks The Output Of A Specific Process Is Valued At 100 Per Unit The Cost Of Labor Is 50 Per Hour Including 1 (176.14 KiB) Viewed 11 times

4. At Symtecks, the output of a specific process is valued at $100 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Units Produced Labor ($) Materials ($) Overhead ($) Week 1 1,124 12,735 21,041 8,992 Week 2 1,310 14,842 24,523 10,480 Week 3 1,092 10,603 20,442 8,736 Week 4 981 9,526 18,364 7,848 a. Use the multifactor productivity ratio to see whether recent process improvements had any effect and, if so, when the effect was noticeable. b. Has labor productivity changed? Use the labor productivity ratio to support your answer. A