Just need help with requirement 1 please show the full solutions thanks so much and have a wonderful day!

Gerhart Company manufactures wallets from fabric. In 2021, Gerhart made 2,600,000 wallets using 1,975,000 metres of fabric. In 2022, Gerhart plans to make 2,340,000 wallets and wants to make fabric use more efficient. At the same time, Gerhart wants to reduce capacity; capacity in 2021 was 3,000,000 wallets at a total cost of $9,000,000. Gerhart wants to reduce capacity to 2,850,000 wallets, at a total cost of $8,265,000 in 2022. Suppose that in 2022 Gerhart makes 2,340,000 wallets, uses 1,664,500 metres of fabric, and reduces capacity to 2,850,000 units and costs to $8,265,000.

Required

1.	Calculate the partial-productivity ratios for materials and conversion (capacity costs) for 2022, and compare them to a benchmark for 2021 calculated based on 2022 output.
2.	How can Gerhart Company use the information from the partial-productivity calculations?

Requirement 1. Calculate the partial-productivity ratios for materials and conversion (capacity costs) for 2022, and compare them to a benchmark for 2021, calculated based on 2022 output. Begin by determining the formula for the direct materials partial-productivity ratio in 2022, and then complete the calculation. (Round the ratio to three decimal places.)

2022 direct materials =	Qty. of output produced in 2022
partial productivity	Metres of direct materials used in 2022

=	?	=	?	wallets per metre
	?