Multi-factor productivity


Yesterday, the employees at Stix produced 46 chairs. Of the 46 chairs produced, 12 were damaged due to a problem with a new sanding machine. The damaged chairs can be discounted and sold for $25 each. The undamaged chairs are sold to a retail chain for $70 each. Labor costs were $720, material costs were $460, and overhead costs were $500. What was the multi-factor productivity?

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Accounting Basics: Multi-factor productivity
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