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21 June, 19:11

What is the multifactor productivity for Space Z Inc. using the following data?

10,000 Units Produced

Sold for $10/unit

500 labor hours

Labor rate: $9/hr

Cost of raw material: $30,000

Overhead: $15,50

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  1. 21 June, 21:25
    0
    multi factory productivity = 2.37

    Explanation:

    Giving the following information:

    10,000 Units Produced

    Sold for $10/unit

    500 labor hours

    Labor rate: $9/hr

    Cost of raw material: $30,000

    Overhead: $15,50

    To calculate the multi factory productivity, we need to use the following formula:

    multi factory productivity = output / (labor + material + overhead)

    multi factory productivity = (10,000*10) / (4,500 + 30,000 + 7,750)

    multi factory productivity = 2.37
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