Basics of Productivity Measurement Holbrook Company gathered the following data for the past two years: Output Output prices Base Year Current Year 940,000 1,050,000 $15 $15 Input quantities: Materials (lbs.) 188,000 1,050,000 Labor (hrs.) 94,000 525,000 Input prices: Materials Labor $4 $5 $8 $8 Required: 1. Prepare a productivity profile for each year. If required, round your answers to two decimal places. Holbrook Company Productivity Profile Base Year Current Year Materials productivity ratio 5 10 Labor productivity ratio Feedback Check My Work 1. The productivity of a single input is typically measured by calculating the ratio of the output to the input as follows: Productivity ratio = Output/Input. 2. Prepare partial income statements for each year. Holbrook Company Partial Income Statements