At Symtecks, the output of a process is valued at $100 per unit. The cost of labor is $45 per hour including benefits. T
Posted: Fri Jul 01, 2022 9:08 am
At Symtecks, the output of a process is valued at $100 per unit. The cost of labor is $45 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: a. The multifactor productivity ratio for week 1 is Units Produced Labor ($) Material (S) Overheads ($) Week 1 Week 2 Week 3 Week 4 1,154 1,310 1,096 981 12,828 14,892 10,653 9,476 21,828 24,523 20,392 18,364 9,272 10.480 8,786 7,898 (Enter your response rounded to two decimal places.)