12 B C D E F G H T J K L M N You are given the 2021 results and you want to develop productivity metrics: A Problem 1: o P Q . 3 4 Problem 1: 5 6 7 A) Calculate the labor costs, labor productivity, lease productivity, and material productivity B) Calculate the Multiple factor productivity for 2021 8 9 Financial Information 2021 Results 10 Net sales $ 2,10,000 cost/labor $ 19.00 11 Cost of goods sold (purchased items) $ 35,000 Material 12 Net income after taxes $ 25,700 13 Current assets 69,000 14 Current liabilities 24,000 15 Avg. inventory value 4,800 16 17 Inputs and Outputs 18 Skis produced 19 Labor hours 20 Labor Costs 1,200 12,000 $ 22,000 21 Lease payments 22 23 24 Labor Productivity 25 Lease prod. Skis/labor $ Skis/lease $ Skis/material $ 26 Material prod. 27 28 skis/total $ 29 Multiple factor productivity 30 31 32 C) Given that the multiple factor producitivyt was .005 in 2020, what is the growth (as a percentage) in terms of productivity between 2020 and 2021 (Show negative if 2021 is less productive) 33 0.005 in 2020 34 If mutiiple factor productivity 35 36 Growth 37 38