What is the overhead cost and dollar value of the output

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Reference no: EM131028564

6 workers produce 30,000 chocolate bars per week. 450 pounds materials are used, The hourly wage is $12, material cost is $6 per pound, and overhead is 1.5 times weekly labor cost. Selling price is $140 per unit. Assume 40-hour weeks.

A. What is the labor cost?

B. What is the material cost?

C. What is the overhead cost?

D. What is the dollar value of the output?

E. What is the multifactor of productivity (dollar value of output per input cost)?

Reference no: EM131028564

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