Profit$-$Linked Productivity Measurement

In $20$x$2,$ Choctaw Company implements a new process affecting labor and materials.

Choctaw Company provides the following information so that total productivity can be valued:

$20$x$1$

$20$x$2$

Number of units produced

$540,000$

$450,000$

Labor hours used

$108,000$

$112,500$

Materials used $($lbs$.)$

$2,160,000$

$1,500,000$

Unit selling price

$$20$

$$22$

Wages per labor hour

$$12$

$$14$

Cost per pound of material

$$3\mathrm{.}40$

$$3\mathrm{.}50$

$2.$ How much profit change is attributable to each input's productivity change? If an item is negative, use a minus $(-)$ sign to indicate.

Labor productivity change

$

fill in the blank $8$

Materials productivity change

$

fill in the blank $9$

$3.$ What if a manager wants to know how much of the total profit change from $20$x$1$ to $20$x$2$ is attributable to price recovery? Calculate the total profit change.

$

fill in the blank $10$

Calculate the price$-$recovery component.

$

fill in the blank $11$