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What the total factor productivity measure is

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Reference no: EM132891017

Problem 1: Foster Co. has provided the following information for last year: tons of metal input, 10,000 at P10/ton; labor hours, 5,000 at P30/hour; overhead costs, P125,000; tons of forging produced, 8,000 at selling price of P60/ton. The total factor productivity measure is:

a. 1.28

b. 0.78

c. P480,000

d. P375,000

Reference no: EM132891017

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