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Strategy Chapter 2 37 Solved Problem A furniture manufacturing company has provided the following data (units are $1,000). Com- pare the labor, raw materials and

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Strategy Chapter 2 37 Solved Problem A furniture manufacturing company has provided the following data (units are $1,000). Com- pare the labor, raw materials and supplies, and total productivity for the past two years. LO2-5 Last Year This Year $22.000 $35,000 15,000 12,500 1,200 4,800 Employee Sales value of production Labor Raw materials and supplies Capital equipment depreciation Other Output Input: 10,000 8,000 700 2,200 Solution Last Year This Year Partial productivities Labor Raw materials and supplies 2.20 2.75 1.05 2.33 2.80 1.04 Total productivity Strategy Chapter 2 37 Solved Problem A furniture manufacturing company has provided the following data (units are $1,000). Com- pare the labor, raw materials and supplies, and total productivity for the past two years. LO2-5 Last Year This Year $22.000 $35,000 15,000 12,500 1,200 4,800 Employee Sales value of production Labor Raw materials and supplies Capital equipment depreciation Other Output Input: 10,000 8,000 700 2,200 Solution Last Year This Year Partial productivities Labor Raw materials and supplies 2.20 2.75 1.05 2.33 2.80 1.04 Total productivity

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