Wells and Severson are manufacturing companies. Comparative data for 2006 and 2012 are Assume that inflation has

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Wells and Severson are manufacturing companies. Comparative data for 2006 and 2012 are 

Wells Severson 2006 $5,660,000,000 $7,658,000,000 2012 $6,000,000,000 $9,667,000,000 56,600 54,800 Sales revenue Number

Assume that inflation has totalled 15 percent during these six years so that each 2006 dollar is equivalent to 1.15 2012 dollars, due to inflation. 

1. Compute 2006 and 2012 productivity measures in terms of revenue per employee for Wells and Severson. 

2. Compare the change in productivity between 2006 and 2012 for Wells with that for Severson.

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Related Book For  answer-question

Management Accounting

ISBN: 978-0132570848

6th Canadian edition

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

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