Question: PLEASE SHOW THE CALCULATION STEP BY STEP 1. The CEO has asked you to evaluate the firm's productivity by comparing performance a month from last

PLEASE SHOW THE CALCULATION STEP BY STEP 1. ThePLEASE SHOW THE CALCULATION STEP BY STEP

1. The CEO has asked you to evaluate the firm's productivity by comparing performance a month from last year and equivalent month this year. The following data are available: (10 points) Last Year This Year Output 10,500 units 12,100 units Labor (hours) 9,000 9,200 Utilities (BTU) 4,600 5,250 Capital $71,000 $76,000 The CEO determines his costs to be as follows: . Labor $20 per hour Utilities $0.60 per BTU Capital 10% per month of investment. . Show the productivity change, for one-month last year versus one month this year, on a multifactor basis

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