Eric Lafleur makes billiard balls in his New Brunswick 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: Units Produced Labour (hours) Resin (kilograms) Capital invested ($) Energy (BTU) Last Year 1,000 300 28 8,500 3,000 Now 1,000 -260 23 11,000 2,850 The productivity percentage change for each category is: Labour Productivity Change=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary)

Eric Lafleur makes billiard balls in his New Brunswick 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: Units Produced Labour (hours) Resin (kilograms) Capital invested ($) Energy (BTU) Last Year 1,000 300 28 8,500 3,000 Now 1,000 -260 23 11,000 2,850 The productivity percentage change for each category is: Labour Productivity Change=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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