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11 September, 07:23

Various financial data for the past two years follow.

LAST YEAR THIS YEAR Output: Sales $ 200,010 $ 201,050 Input: Labor 30,010 40,010 Raw materials 35,100 41,500 Energy 5,100 6,010 Capital 45,500 45,500 Other 2,100 3,010

Calculate the total productivity measure for this company for both years.

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Answers (1)
  1. 11 September, 10:12
    0
    Total Productivity:

    * For last year: 1.70

    * For this year: 1.48

    Explanation:

    We have the total productivity is equal to Sales / Total resources spent.

    So, the calculation for productivity as followed:

    * For last year:

    + Sales = 200,010

    + Total resources spent = Labor + Raw materials + Energy + Capital + other = 30,010 + 35,100 + 5,100 + 45,500 + 2,100 = 117,810

    => Productivity = 200,010 / 117,810 = 1.70

    * For this year:

    + Sales = 201,050

    + Total resources spent = Labor + Raw materials + Energy + Capital + other = 40,010 + 41,500 + 6,010 + 45,500 + 3,010 = 136,030

    => Productivity = 201,050/136,030 = 1.48.
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Home » Business » Various financial data for the past two years follow. LAST YEAR THIS YEAR Output: Sales $ 200,010 $ 201,050 Input: Labor 30,010 40,010 Raw materials 35,100 41,500 Energy 5,100 6,010 Capital 45,500 45,500 Other 2,100 3,010 Calculate the total
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