Which of the following are deductions? (select all that apply).
federal income tax
medical
state tax
social security
entertainment
transportation

total factor for year 1 = 1.6083

total factor for year 2 = 1.717

Explanation:

calculate for year 1

out put

= 8800 x 370 = 3256000

material value

= 8000 x 90 = 720000

labour value

= 7600 x 19 = 144400

over head value

= 1160000

total input = 720000 + 144400 + 1160000 = 2024400

total factor productivity for year 1 = 0utput/input

= 3256000/2024400

= 1.6083

we calculate for year 2

0utput =

10800x360 = 3888000

material value

= 9000x 85 = 765000

labour value = 10000x22

= 220000

overhead value = 1280000

total input = 765000 + 220000 + 1280000 = 2265000

total factor productivity = output/input

= 3888000/226500

= 1.717