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Determine the productivity for each month. Assume labor costs $10.00 / hour and each unit sells for $25.00.
Month Labor (hours) Material costs Output (units) Productivity
January 400 $5,000 8,000
February 350 $3,500 7,000
March 450 $6,000 6,000

A) State the formula

B) Calculate Productivity

C) Interpret the results

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