Question: 3. Production data and resources consumed data for Green Inc. is reported below. Period Operating Year 2015 Operating Year 2016 Resource/ Volume Units Produced 10,000

3. Production data and resources consumed data

3. Production data and resources consumed data for Green Inc. is reported below. Period Operating Year 2015 Operating Year 2016 Resource/ Volume Units Produced 10,000 10,750 Labor Hours 12,500 12,450 Capital Investment (Full) 200,000 240,000 Energy Units 9800 9500 Operating year 2015 resource costs were: 19.80 per labor hour, 24.0% capital, and 8.50 per energy unit. Operating year 2016 costs were: 21.20 per labor hour, 24.0% capital, and 8.35 per energy unit. a) What is the operating year 2015 multifactor productivity per 100 dollars? b) What is the operating year 2016 multifactor productivity per 100 dollars using year 2016 costs? c) What is the operating year 2016 multifactor productivity per 100 dollars using year 2015 costs? d) What is the change in productivity in percent between 2015 and 2016 using the current year (2015 for 2015 and 2016 for 2016) costs? e) What is the change in productivity in percent between 2015 and 2016 using the year 2015 costs

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