Last Year Now Cost Per Input Unit Units Produced 1,000 1,000 Labor (hours) 300 275 $12 Resin (pounds) 50 45 $6 Capital Invested ($) 10,000 11,000 1% Energy (BTU) 3,000 2,850 $0.60

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Now Cost Per Input Unit Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) Last Year 1,000 300 50 10,000 3,000 1,000 275 45 11,000 2,850 $12 per hour $6 per pound 1% per month $0.60 per BTU The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = % (enter your response as a percentage rounded to two decimal places)