Question: please need help sloving question P2. Various financial data for the past two years follow. > Calculate labor productivity and multifactor productivity for both years.

please need help sloving question

P2. Various financial data for the past two years follow. > Calculate labor productivity and multifactor productivity for both years. > What do these measures tell you about this company? Output: Volume (# units) $ Price / unit Labor hours / unit Labor $ cost /hour Raw material $ cost / unit Overhead Inputs: Last Year 40,000 $10.00 0.1 $30 $5.00 $20,000 This Year 45,000 $10.20 0.09 $30 $5.50 $25,000 Next

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