At Symtecks, the output of a process is valued at $90 per unit. The cost of labor is $45 per hour including benefits. Th
Posted: Fri Jul 01, 2022 9:08 am
At Symtecks, the output of a process is valued at $90 per unit. The cost of labor is $45 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: a. The multifactor productivity ratio for week 1 is Week 1 Week 2 Week 3 1,138 1,310 1,092 12,223 14,892 10,563 20,392 21,971 24,523 8,594 10,480 8,686 Week 4 985 9,476 18,414 7,898 Units Produced Labor ($) Material (S) Overheads ($) (Enter your response rounded to two decimal places.)