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Eric Johnson makes billiard balls in his plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in

Eric Johnson makes billiard balls in his plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the productivity of his organization. He would like to know if his organization is maintaining an increase in productivity. He has the following data representing a month from last year and an equivalent month this year:Part 2

Last Year

Now

Cost Per Input Unit

Units Produced

1,000

1,000

Labour (hours)

300

275

$12

per hour

Resin (kilograms)

24

21

$10

per kg

Capital Invested ($)

9,000

10,000

2%

per month

Energy (BTU)

3,000

2,850

$0.50

per BTU

Show the percent change in productivity for one month last year versus one month this year, on a multifactor basis with dollars as the common denominator.Part 3The percent change in multifactor productivity for one month last year versus one month this

year=enter your response here%

(enter your response as a percentage rounded to two decimal places).

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