Direct labor wage rate per hour $56 $62 Required 1. Compute the partial operational productivity for both direct materials and direct labor for each of the 2 years. 2. On the basis of the partial operational productivity that you computed, what conclusions can you draw about the firm's productivity in 2022 relative to 2021? LO 16-2] 16-42 Partial Financial Productivity Use the data for Ashley Technology Inc. in Problem 16-41 to complete the following requirements: C Required 1. Compute the partial financial productivity ratios for direct materials and direct labor for each of the 2 years. 2. On the basis of the partial financial productivity ratios you computed, what conclusions can you draw about the firm's productivity in 2022 relative to 2021? Page 0707 3. Separate the changes in the partial financial productivity ratios from 2021 to 2022 into productivity changes, input price changes, and output changes. 4. Does the detailed information provided by separating the change of the partial financial productivity ratio offer any additional insight into the relative productivity for either 2021 or 20222 2022 2021 Units manufactured 750,000 1,000,000 Number of CT140 used 900,000 1,050,000 Number of direct labor hours spent 150,000 200,000 Cost of CT140 per unit $156 $ 135 Direct labor wage rate per hour $56 $62