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21 October, 02:45

XYZ Publisher can produce 200 books in a standard 8-hour day. It uses 5 employees. The average labor cost is $25/hour. A book requires $15 of raw materials.

If the books can be sold at a price of $30 each, what is the multifactor productivity?

A) 0.5 B) 1.0 C) 1.5 D) 2.0

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  1. 21 October, 06:05
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    C) 1.5

    Explanation:

    multifactor productivity

    = total revenue per day/total cost per day

    = (30*200) / [ (5*8*25) + (15*200) ]

    = 6000/4000

    = 1.5

    Therefore, The multifactor productivity is 1.5
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