Multiple Choice
Telco Inc. ,a manufacturing firm,is calculating its monthly productivity report.From the following raw data calculate the multifactor productivity. Labor rate $20
Machine rate $15
Units produced 50,000
Labor hours 4,000
Machine hours 2,000
Cost of materials $20,000
Cost of energy $5,000
A) 0.370
B) 0.625
C) 1.500
D) 1.667
Correct Answer:
Verified
Correct Answer:
Verified
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