Eagle corp employs 100 workers , who earn $ 60 per hour , working 40 hours per week , 50 weeks per year. their material cost for this year will be $10 million and their overhead cost will be 3 million. By year's end , they expect to have produced and sold one million gallons of chemicals , which sell on average of $ 80 per galon. What will be this year's multifactor productivity ratio?
a) less than 1.0
b) greater than1.0 but less than or equal to 2.0
c) greater than 2.0 but less than or equal to 3.0
d) greater than 3.0
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