Compute labor productivity per labor dollar for both years

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Reference no: EM131275642

A company has provided the following data:

Last Year This Year

Output (units) 22,000 35,000

Labor $13,000 $15,000

Raw Materials $8,000 $12,000

Other $2,800 $4,800

a) Compute the labor productivity per labor dollar for both years.

b) Compute the multifactor productivity for both years.

c) What is the percentage change in multifactor productivity?

Reference no: EM131275642

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