The following information is for the Wetherby Company.

2016 2015

Units manufactured 60,000 54,000

Units of materials used 144,000 124,000

Number of labor hours used 200,000 180,000

Cost of materials per unit $40 $38

Direct labor wage rate per hour $50 $44

1. Compute the partial operational productivity measures for 2015 and 2016

. 2. Compute the partial financial productivity ratios for 2015 and 2016.

3. Separate the changes of the partial financial productivity ratios from 2015 to 2016 into productivity change, input price change, and output change.