Question
Using the information provided in the table below, answer the questions that follow. Be sure to indicate whether the percent change is an increase or
Using the information provided in the table below, answer the questions that follow. Be sure to indicate whether the percent change is an increase or decrease.
|
|
| 2014 | 2015 |
| OUTPUTS |
|
|
|
|
| Units | 110,000 | 150,000 |
| INPUTS |
|
|
|
|
| Direct Labor Costs | $250,000 | $310,000 |
|
| Energy Cost | $ 6,000 | $ 5,800 |
|
| Raw Material Cost | $ 40,000 | $ 42,000 |
What is the percent change in overall productivity from 2014 to 2015? Did it increase or decrease?
Please show me the work if its not to much trouble. Thanks in advance.
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Introductory Accounting Finance And Auditing For Lawyers
Authors: Lawrence A. Cunningham
5th Edition
0314912606, 978-0314912602
