Holbrook Company gathered the following data for the past two years:

	Base Year	Current Year
Output	960,000	1,080,000
Output prices	$14	$14
Input quantities:
Materials (lbs.)	192,000	1,080,000
Labor (hrs.)	96,000	540,000
Input prices:
Materials	$4	$5
Labor	$8	$8

Required:

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1. Prepare a productivity profile for each year. If required, round your answers to two decimal places.

blank Holbrook Company Productivity Profile

	Base Year	Current Year
Materials productivity ratio	fill in the blank b1724ff51fb1fdf_1	fill in the blank b1724ff51fb1fdf_2
Labor productivity ratio	fill in the blank b1724ff51fb1fdf_3	fill in the blank b1724ff51fb1fdf_4

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2. Prepare partial income statements for each year.

blank Holbrook Company Partial Income Statements

	Base Year	Current Year
Sales	$fill in the blank 5f2ef0098fa5fa6_1	$fill in the blank 5f2ef0098fa5fa6_2
Materials	fill in the blank 5f2ef0098fa5fa6_3	fill in the blank 5f2ef0098fa5fa6_4
Labor	fill in the blank 5f2ef0098fa5fa6_5	fill in the blank 5f2ef0098fa5fa6_6
Gross profit	$fill in the blank 5f2ef0098fa5fa6_7	$fill in the blank 5f2ef0098fa5fa6_8

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Calculate the total change in income. If the change is negative, enter answer using a minus sign. $fill in the blank d98b9408a054070_1 3. Calculate the change in profits attributable to productivity changes. If the change is negative, enter answer using a minus sign. If required, round your intermediate calculations to the nearest dollar. $fill in the blank d98b9408a054070_2 4. Calculate the price-recovery component. If required, round your intermediate calculations to the nearest dollar. $fill in the blank d98b9408a054070_3