The following is the data relating to a company for the years 2002 and 2003: - *year 2002 :- Total revenue: 1,500,000 Consumption of capital equipment: 560,000 labour rates: 186,000 Value of raw materials: 282,000 ancillary services: 110,000 *year 2003 :- Total revenue: 1,800,000 Consumption of capital equipment: 600,000 labour rates: 223,200 Value of raw materials: 378,000 ancillary services: 122,000 **required:- 1-Total Productivity Account for 2002 and 2003 ? 2-Calculation of productivity growth rate ?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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**The following is the data relating to a company for the years 2002 and 2003: -
*year 2002 :-
Total revenue: 1,500,000
Consumption of capital equipment: 560,000
labour rates: 186,000
Value of raw materials: 282,000
ancillary services: 110,000
*year 2003 :-
Total revenue: 1,800,000
Consumption of capital equipment: 600,000
labour rates: 223,200
Value of raw materials: 378,000
ancillary services: 122,000
**required:-
1-Total Productivity Account for 2002 and 2003 ?
2-Calculation of productivity growth rate ?

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