The Details of Weekly Output and Input for a Fabrication

question 8

Multiple Choice

The details of weekly output and input for a fabrication process are as follows: output is 400 units, with a standard selling price of $100 per unit. For the week, total labor costs are: 10 workers at 40 hours for the week, are paid $15 per hour. Total material costs for the 400 units are $5,000. Weekly overhead is charged at the rate of 1.5 times the labor costs. What is the multifactor productivity for the week?

• A) 0.02
• B) 0.75
• C) 1.50
• D) 2.00

Recognize the impact of employee affectivity on job satisfaction and response to dissatisfaction.

Identify strategies organizations can implement to increase job satisfaction.

Understand the concept of job withdrawal, including its causes and manifestations.

Explain the role of external influences (such as family and supervisors) on job satisfaction.

---

Definitions:

Creative

Pertains to the ability or quality of generating original ideas, approaches, and solutions to problems or challenges.

Debt Financing

Refers to raising funds for company operations or expansion by borrowing money.

Equity Financing

Raising capital through the sale of shares in a company.

Entrepreneurial Start Up

A phase in the life of a business where an idea is transformed into a marketable product or service through innovative means.