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Various financial data for the past two years for XYZ Industries is below. Calculate the Multifactor productivity ratio and enter the % change from last

Various financial data for the past two years for XYZ Industries is below. Calculate the Multifactor productivity ratio and enter the % change from last year to this year. Last Year This Year % Change Output: Volume (# units) 35,000 50,000 $ Price / Unit $18.00 $18.20 Input: Labor hours / unit 0.2 0.15 Labor $ cost / hour $24 $24 Raw material $ cost / unit $6.00 $6.20 Overhead $40,000 $50,000.

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