Various financial data for the past two years follow.

LAST YEAR THIS YEAR Output: Sales $ 200,010 $ 201,050 Input: Labor 30,010 40,010 Raw materials 35,100 41,500 Energy 5,100 6,010 Capital 45,500 45,500 Other 2,100 3,010

Calculate the total productivity measure for this company for both years.

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16 February, 07:10

Various financial data for the past two years follow.

LAST YEAR THIS YEAR Output: Sales $ 200,010 $ 201,050 Input: Labor 30,010 40,010 Raw materials 35,100 41,500 Energy 5,100 6,010 Capital 45,500 45,500 Other 2,100 3,010

Calculate the total productivity measure for this company for both years.

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Answers (1)

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Ronnie Haas · Answer 1

Total Productivity:

* For last year: 1.70

* For this year: 1.48

Explanation:

We have the total productivity is equal to Sales / Total resources spent.

So, the calculation for productivity as followed:

* For last year:

+ Sales = 200,010

+ Total resources spent = Labor + Raw materials + Energy + Capital + other = 30,010 + 35,100 + 5,100 + 45,500 + 2,100 = 117,810

=> Productivity = 200,010 / 117,810 = 1.70

* For this year:

+ Sales = 201,050

+ Total resources spent = Labor + Raw materials + Energy + Capital + other = 40,010 + 41,500 + 6,010 + 45,500 + 3,010 = 136,030

=> Productivity = 201,050/136,030 = 1.48.

Various financial data for the past two years follow.LAST YEAR THIS YEAR Output: Sales $ 200,010 $ 201,050 Input: Labor 30,010 40,010 Raw materials 35,100 41,500 Energy 5,100 6,010 Capital 45,500 45,500 Other 2,100 3,010Calculate the total productivity measure for this company for both years.

Various financial data for the past two years follow.

LAST YEAR THIS YEAR Output: Sales $ 200,010 $ 201,050 Input: Labor 30,010 40,010 Raw materials 35,100 41,500 Energy 5,100 6,010 Capital 45,500 45,500 Other 2,100 3,010

Calculate the total productivity measure for this company for both years.