Various financial data for the past two years follow $200,005$201,025 40,001 45,

Question

Various financial data for the past two years follow $200,005$201,025 40,001 45,605 6,005 50.100 3,050 Output Sales Input Labor 31,000 35,105 5,005 50,005 2.005 Input Energy Capital a. Calculate the total productivity measure for thes company for both years, (Round your answers to 2 decimai places.) Total This year b. Calculate the partial productivity measures for labor, capitat and raw matenals for this company for both years, (Round your answers to 2 decimal places.) Last year This year HP L1910

Explanation / Answer

Total productivity = total output / total input

= total production of goods and services (sales) / (Labor + raw material + energy+ capital + others)

Total productivity for last year = $200,005/ ($31,000 +$36,105 + $5,005 + $50,005 +$2,005)

= $200,005/ $123,120

=1.62

Total productivity for this year = $201,025/ ($40,001 +$45,605 + $6,005 + $50,100 +$3,050)

= $201,025/ $144,761

=1.39

Partial productivity measures for last year:

Labor Productivity = Output / Labor Input =$200,005/ $31,000 = 6.45

Capital Productivity = Output / Capital Input = $200,005/ $50,005 = 4.00

Raw material Productivity = Output/ Raw material Input = $200,005/ $36,105 = 5.54

Partial productivity measures for this year:

Labor Productivity = Output / Labor Input = $201,025/ $40,001 = 5.03

Capital Productivity = Output / Capital Input = $201,025/ $50,100= 4.01

Raw material Productivity = Output/ Raw material Input = $201,025/ $45,605 = 4.41

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