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Business, 20.02.2020 01:02 lexus1427

Mariah Enterprises makes a variety of consumer electronic products. Its camera manufacturing plant is considering choosing between two different processes, named Alpha and Beta, which can be used to make a component part. To make the correct decision, the managers would like to compare the labor and multifactor productivity of process Alpha with that of process Beta. The value of process output for Alpha and Beta is $170?per unit of product A and $150 per unit of product B, and the corresponding overhead costs for Alpha and Beta are $8,000 and $3,000,respectively. Process Alpha Process Beta Product A B A B Output (units) 50 30 60 70 Labor ($) $1,200 $1,400 $1,000 $2,000 Materials ($) $1,400 $2,500 $3,500 $1,500a. Which process, Alpha or Beta, is more productive?b. What conclusions can you draw from your analysis?

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