Test #1 Points: 100 Name NOTE: YOU MUST SHOW YOUR WORK COMPUTATION TO EARN FULL CREDIT 1. (Total 25 points) An organization produces an item using inputs as shown in the table below. The table gives the data for a particular month in year 1 and the corresponding month in year 2. Year! Year 2 Output units 5000 6500 Inputs: Labor (Hrs.) 8000 6000 Material 1 (lbs.) 300 200 Material 2 (gallons) 1.8 2.2 It is given that labor costs $ 45.00 per hour, material I. $15 per pound, and material 2. $35.00 per pallon (a) (5 points) Determine monthly labor productivity per labor hour for year 2. (b) Determine percentage growth in monthly total productivity from that month in year I to the corresponding month in year 2 (8 points) Compute total monthly productivity in year 1. (ii) (8 points) Compute total monthly productivity in year 2. (in (4 points) Computer percentage growth in monthly total productivity from that month in year I to the corresponding month in year 2