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 $12. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound.
Week Output (units) Workers Material (lbs)
1 30,000 4 450
2 34,000 7 470
3 31,000 8 550
4 36,000 9 560
Week MFP (Output / Total Cost)
1 _____
2 _____
3 _____
4 _____