Capital invested productivity and labor productivity change

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Reference no: EM131143009

Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the productivity of his organization. he would like to know if his organization is maintaining the manufacturing average of a 3% incease in productivity. He has the following data representing a month from last year and quivalent month this year: Last Year Now Units Produced 1,000 1,000 Labor (hours) 300 275 Resin (pounds) 50 45 Capital Invested ($) 10,000 11,000 Energy (BTU) 3,000 2,875 The productivity change for each of the inputs (Labor, Resin, Capital,and Energy) is: a) Labor Productivity Change = _____% b) ResinProductivity Change = _____% c) Capital Invested Productivity Change = ______% d) Energy productivity change = ______% please show working method

Reference no: EM131143009

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