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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 $18. 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 30,000 4 410

2 33,000 8 510

3 30,000 8 500

4 35,000 9 520

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Financial Management, Finance

Category:- Financial Management
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