Beach CoHas Provided the Following Information for Last Year Required:
Calculate the Total Factor Productivity Measure

Essay

Beach Co.has provided the following information for last year: $$\begin{array} { | l | r | l | } \hline \text { Material costs } & \$ 160,000 & \\\hline \text { Labor costs } & \$ 62,000 & \\\hline \text { Overhead costs } & \$ 171,000 & \\\hline \text { Product produced } & 11,000 & @ \text { selling price of } \$ 52 \text { leach } \\\hline\end{array}$$
Required:
Calculate the total factor productivity measure.