2 employees using new equipment installed by the organization this year, made 380 units of a product, which is valued by its standard cost of $12 each (before markups for other expenses and profit). The accounting department reported that for this job, the actual cost was $ 550 for labor, $1200 for materials and $400 for overheads incurred. Determine the total factor productivity. If the total factor productivity was 1.85 last year, compare and comment on the new total factor productivity you just calculated