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George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year:

Last year Now Cost per unit
United Produced 1,200 1,200
Labor (hours) 280 255 $12 per hour
Resin (pounds) 48 43 $6 per hour
Capital Invested ($) 9,000 10,000 1% per month
Energy (BTU) 3,000 2,850 $0.50 per BTU

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 = ?

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

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