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What is the Multifactor productivity for the Blue Space Inc. if they have the following data?...

What is the Multifactor productivity for the Blue Space Inc. if they have the following

data?

Units produced: 25,000

Standard price: $30/unit

Labor input: 500 hours

Cost of labor: $25/hour

Cost of materials: $10,000

Cost of overhead: 2x labor cost

Solutions

Expert Solution

VALUES
LABOR = 12500
MATERIAL = 10000
OVERHEAD = 25000


OUTPUT = 750000


PRODUCTIVITY = OUTPUT / TOTAL INPUT
PRODUCTIVITY = 750000 / (12500 + 10000 + 25000) = 15.79

keosha answered 2 years ago
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