Assignment:
Please answer the question Only if you know the right answer:
-Find the multifactor productivity. Use two decimal Places.
1. Units produced: 10,000.
2. Standard Price: $26/unit.
3. Labor Input: 620 hours.
4. Cost of Labor: $21/hour.
5. Cost of Materials: $7850.
6. Cost of Overhead: 2x labor cost.
Please answer the full question.