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Curly, Larry, and Moe Assessed the Home Security Systems of the Prestigious

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Curly, Larry, and Moe assessed the home security systems of the prestigious Coney Island neighborhood by testing doorknobs and windows and slipping past security systems like a team of ghosts. They weren't ghosts, but they did wear white clothing to look like painters. This crew of daylight robbers hoped to grab cash, jewelry, and other valuables to fence at the next level of their supply chain. They knew the local police force was responsive, but a construction crew was creating a helpful distraction by working in the neighborhood, which completely drowned out the sounds of breaking glass. Details of the day's haul appear in the table below.
 ITEM  SALES  PRICE  LABOR  MATERIAL  Jewelry $1,6001hr$2 Flat screen TV $200.25$1$500 cash $500.05$40 Antiques $600.15$20 Rolex watches $1,180.10$1\begin{array} { | l | c | c | c | } \hline \text { ITEM } & \begin{array} { c } \text { SALES } \\\text { PRICE }\end{array} & \text { LABOR } & \text { MATERIAL } \\\hline \text { Jewelry } & \$ 1,600 & 1 \mathrm { hr } & \$ 2 \\\hline \text { Flat screen TV } & \$ 200 & .25 & \$ 1 \\\hline \$ 500 \text { cash } & \$ 500 & .05 & \$ 40 \\\hline \text { Antiques } & \$ 600 & .15 & \$ 20 \\\hline \text { Rolex watches } & \$ 1,180 & .10 & \$ 1 \\\hline\end{array} The crew are paid at a flat rate of 20 percent of the sales price of the stolen goods. Materials cost represents the cost of gasoline, overalls, and surgical gloves, and overhead is 20 percent of the sales price of the stolen goods.
A) What is the labor productivity?
B) What is the multifactor productivity?

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To calculate the labor productivity, we ...

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