Compute the labor productivity for each unit (Unit A, B, C, and D) Use an eight-hour day for multifactor productivity. Compute the multifactor productivity for each unit (Unit A, B, C, and D)
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The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer. PLEASE SHOW WORK, SO I CAN UNDERSTAND THE STEPS.
|
Unit |
Employees |
Customers Processed/Day |
|
A |
4 |
36 |
|
B |
5 |
40 |
|
C |
8 |
60 |
|
D |
3 |
20 |
|
|
|
- Compute the labor productivity for each unit (Unit A, B, C, and D)
- Use an eight-hour day for multifactor productivity. Compute the multifactor productivity for each unit (Unit A, B, C, and D)
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