Question: Using the information provided in the table below, answer the questions that follow. Be sure to indicate whether the percent change is an increase or

Using the information provided in the table below, answer the questions that follow. Be sure to indicate whether the percent change is an increase or decrease.

2014

2015

OUTPUTS

Units

110,000

150,000

INPUTS

Direct Labor Costs

$250,000

$310,000

Energy Cost

$ 6,000

$ 5,800

Raw Material Cost

$ 40,000

$ 42,000

What is the percent change in energy productivity from 2014 to 2015? Did it increase or decrease?

Please show me the work if its not to much trouble. Thanks in advance.

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