Growth, price-recovery, and productivity components. Oceano T-Shirt Company sells a @

variety of T-shirts. Oceano presents the following data for its first two years of operations, |,pe yenecffect ofg rowth 2008 and 2009. For simplicity, assume that all purchasing and selling costs are included in the component, $141,400F average cost per [T-shirt and that each customer buys one T-shirt.

REQUIRED 1. Calculate the growth, price-recovery, and productivity components of changes in operating income between 2008 and 2009.
2. Comment on your results in requirement 1.LO1

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Number of T-shirts purchased Number of T-shirts lost Number of T-shirts sold Average selling price Average cost per T-shirt Administrative capacity in terms of number of customers that can be served Administrative costs Administrative cost per customer 2008 2009 32,000 25,000 420 24,580 $ 20.00 $ 13.00 40,000 $100,000 $ 2.50 350 31,650 $ 18.00 $ 11.10 36,000 $82,080 $ 2.28