Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Discover solutions to your questions from experienced professionals across multiple fields on our comprehensive Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

A health club has 2 employees who work on lead generation. Each employee contacts leads 20 hours a week and is paid $20 per hour. Each employee contacts an average of 220 leads a week. Approximately 9% of the leads become members and pay a onetime fee of $100. Material costs are $150 per week, and overhead costs are $1,100 per week. a. Calculate the multifactor productivity for this operation in fees generated per dollar of input.

Sagot :

The multifactor productivity for this operation in fees generated per dollar of input is 1.95 fees per dollar of input.

Using this formula

Multifactor productivity=Units of Output/ Units of Labour+Units of Capital+ Units of Material

Where:

Units of output = (220*9%)×2

Units of output = 19.8 per employee×2

Units of output = 39.6 members

Units of output = 40 members (Approximately)

Units of output =40 *100

Units of output= $4,000

Units of labour = 2*$20×20

Units of labour= $800

Units of capital = $150+$1,100

Units of capital= $1,250

Let plug in the formula

Multifactor productivity = $4,000/$800+$1,250

Multifactor productivity = $4,000/$2,050

Multifactor productivity = 1.95 fees per dollar of input.

Inconclusion The multifactor productivity for this operation in fees generated per dollar of input is 1.95 fees per dollar of input.

Learn more here:

https://brainly.com/question/24162001

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.