Problem 18-53 Productivity Measures (LO 18-6) As the cost accounting manager at Cambria Chemicals (CC), you are responsible for compiling and reporting various performance measures to the senior managers. The company instituted many efficiency improvement programs recently, and the CFO has asked you to measure and report total factor productivity measures based on the three inputs (material, labor, and overhead). Data for the last two years follow: og and reporting various performance measures to the senior managers, The company i Gallons input (thousands) Labor-hours (thousands) Gallons of output (thousands) Year 2 10,700 8,600 12,500 Year 1 9,700 6,200 10,500 From the accounting records, you also gather the following information for the two years: Cost of inputs (per gallon) Wage rate (per hour) Total manufacturing overhead Selling price of output (per gallon) Year 2 89 25 $ 1,370,000 $ 385 Year 1 $ 77 $ $1,190,000 $ 390 Required: a. Compute the total factor productivity measures for year 1 and year 2 based on the three inputs (material, labor, and overhead). (Round your answers to 3 decimal places.) Year 2 Year 1 Total factor productivity