Question: 1 Various financial data for SunPath Manufacturing for 2015 and 2016 follow. 2015 2016 Output: Sales $300,000 $330,000 Inputs: Labor $40,000 $43,000 Raw Materials: $45,000
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Various financial data for SunPath Manufacturing for 2015 and 2016 follow.
| 2015 | 2016 | ||
| Output: | Sales | $300,000 | $330,000 |
| Inputs: | Labor | $40,000 | $43,000 |
| Raw Materials: | $45,000 | $51,000 | |
| Energy: | $10,000 | $9,000 | |
| Capital Employed: | $250,000 | $262,000 | |
| Other: | $2,000 | $6,000 |
What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2015 and 2016?
-9.22 2.33 -0.53 -2.88 10.39Step by Step Solution
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