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likoan [24]
2 years ago
10

A wrapping paper company produced 20,000 rolls of paper one day. Standard price is $2 per roll. Labor cost was $240, material co

st was $25, and overhead was $420. Determine the multifactor productivity
a. 29.197
b. 14.598
c. 58.394
d. None of the provided answers
Business
1 answer:
Vinvika [58]2 years ago
7 0

Based on the various costs of producing the rolls of paper, the multifactor productivity is c. 58.394.

<h3>What is the Multifactor Productivity?</h3>

This can be found by the formula:
= Cost of standard production / (Labor + Material + Overhead costs)

Solving gives:

= (20,000 x 2 per roll) / ( 240 + 25 + 420)

= 58.894 rolls

In conclusion, option C is correct.

Find out more on multifactor productivity at brainly.com/question/17550779.

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