RENDU

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Eric Johnson makes billiard balls in his plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the productivity of his organization. He would like to know if his organization is maintaining an increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Last Year Cost Per Input Unit Now 1,200 255 Units Produced Labour (hours) Resin (kilograms) Capital Invested ($) Energy (BTU) 1,200 280 25 9,000 3,000 22 $12 per hour $12 per kg 1% per month $0.60 per BTU 10,000 2,850 Show 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. The percent change in multifactor productivity for one month last year versus one month this year=% (enter your response as a percentage rounded to two decimal places)