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
VALUES
LABOR = 4500
MATERIAL = 30000
OVERHEAD = 1550
OUTPUT = 100000
PRODUCTIVITY = OUTPUT / TOTAL INPUT
PRODUCTIVITY = 100000 / (4500 + 30000 + 1550) = 2.77
What is the multifactor productivity for Space Z Inc. using the following data? 10,000 Units Produced...