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What increase in productivity is associated

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Question - Compute what is asked and upload it using the link given. XYZ company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 28% with less material, but one additional worker is required. Under the old process, five workers could produce 65 units per hour. Labor costs are $15/hour, and material input was previously $18/unit. For the new process, material is now $10/unit. Overhead is charged at 1.8 times direct labor cost. Finished units sell for $33 each. What increase in productivity is associated with the process improvement?

Reference no: EM133166364

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