Question: 1.ABC Manufacturing has implemented several programs to improve its productivity. They have asked you to evaluate the firm's productivity by comparing this year's performance with
1.ABC Manufacturing has implemented several programs to improve its productivity. They have asked you to evaluate the firm's productivity by comparing this year's performance with last years. The following data areavailable:
Last Year
This Year
Output
10,500 units
12,100 units
Labor Hours
12,000
13,200
Utilities
$7,600
$8,250
Capital
$83,000
$88,000
Has ABC Manufacturing improved its productivity during the past year?
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