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Cindy Jo's Hair Salon is concerned about its rising costs of supplies, energy, and labor, so it is considering investing in better equipment, which hopefully


Cindy Jo's Hair Salon is concerned about its rising costs of supplies, energy, and labor, so it is considering investing in better equipment, which hopefully will reduce the time required to perform most hairstyles as well as result in better perceived quality by its customers. It predicts that the added investment will increase output levels as well as reduce energy costs, since some of the new equipment (hair dryers) use less electricity.

Inputs and Outputs Current (this year) Expected (next year)
Hairstyles per week 280310
Labor costs per week $970 $1,015
Energy costs per week $410 $370
Material costs per week $310 $325
Capital investment $0 $15,000
Using the given information, determine the current and expected single-factor and total productivity measures. Do not round intermediate calculations. Round your answers to three decimal places.

Productivity Current (this year) Expected (next year)
Labor
haircuts/dollar
haircuts/dollar
Energy
haircuts/dollar
haircuts/dollar
Material
haircuts/dollar
haircuts/dollar
Total
haircuts/dollar
haircuts/dollar
What is the percentage change in total productivity? Do not round intermediate calculations. Round your answer to two decimal places.

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