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Workers cost 40 per hour including benefits and work 40

It takes the Kwinzee shipyard six months with 500 workers to build a small tanker. Material costs are $32 million and overhead costs are $2 million. Workers cost $40 per hour including benefits and work 40 hours per week. The ship sells for $75 million. What is the multifactor productivity ratio? Show work

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Business Management: Workers cost 40 per hour including benefits and work 40

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