Premier Products Co The Total Factor Productivity Measure Is:
A) $150,000

Multiple Choice

Premier Products Co.has provided the following information for last year:
$$\begin{array} { | l | r | r | } \hline \text { Material costs } & \$ 150,000 & \\\hline \text { Labor hours } & \$ 45,000 & \\\hline \text { Overhead costs } & \$ 117,000 & \\\hline \text { Product produced } & 8,000 & @ \text { selling price of } \$ 45 i e a c h \\\hline\end{array}$$ The total factor productivity measure is:

A) $150,000.
B) $312,000.
C) 1.154.
D) 0.832.