Question: vre /Users/ ocuments/Productivity%20measurement%20a roblem 2: Using the data below, answer the questions that follow: Last Year This year $ Value of the products Raw materials

vre /Users/
vre /Users/ ocuments/Productivity%20measurement%20a roblem 2: Using the data below, answer the questions that follow: Last Year This year $ Value of the products Raw materials used Cost of materials per unit Labor hours used: Cost of labor Energy cost Other overhead costs $4,000,000 80,000 units $5.00 30,000 hours $18 per hour $450,000 $15,000 $5,000,000 95,000 units $5.70 24,000 hours $18.75 per hour $350,000 $20,000 a) Determine the partial labor productivity for last year and this year. b) Determine multi-factor productivity for labor and materials for each year. c) Determine the total factor productivity for each year. d) Management is not sure which of the factors has contributed the most this year compared to last year. Please show productivity change for each factor this year compared to last year

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