Question

Part a and b please

Problem 2-7 The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $10, the overhead rate is 11 times labor cost, and material cost is $4 per customer 37 45 60 32 a. Compute the labor productivity and the multifactor productivity for each unit. Use an eight-hour day for multifactor answers to 1 decimal place and "Multifactor Productivity" answers to 3 decimal places.) Labor Productivity Multifactor Productivit icustomers r worker) (eustoners per dollar input) per b. Suppose a new, more standardized procedure is to be introduced that wll enable each employee to process one Labor Productivity" answers to i decimal pute the expected labor and multifactor productivity rates for each unit. (Round your place and "Multifactor Productivity" answers to 3 decimal places) Productivity Multifacotor Productivity per dollas CPre 14 of 14! Na

Answer 1

Given that Unit A has 4 employees and 37 customers process per day unit B has 5 and 45 costumers unit x has 6 and 60 unit D has 2 and 32 hourly wage rate $ 10 = $ 10 over head rate = 1.1 times labor cost material cost = $4 per customer labor productivity can be calculated as output/in put for unit A implies 37/(4 times 8 hours) (app 1 customer per day per employee) = 37/32 = 1.15 for unit B implies 45 /5 times 8 implies 45/40 = 1.125 for unit C implies 60/6 times 8 = 60/48 = 1.25 for unit D implies 32 /2 times 8 = 2 \r\n multifactor productivity to be calculated a { 9 output/ (labor + matters + over head) = [output/ no. of employee times 8 hours per day + hourly wage rate + (martial cost times no of customers