Various financial data for SunPath Manufacturing for 2012 and 2013 follow. What is the percentage change in the labor partial productivity measure for SunPath between 2012 and 2013?
A)-9.22
B)2.33
C)-0.53
D)2.88
E)10.39

Question

Various financial data for SunPath Manufacturing for 2012 and 2013 follow.  What is the percentage change in the labor partial productivity measure for SunPath between 2012 and 2013?
A)-9.22 
B)2.33 
C)-0.53 
D)2.88 
E)10.39

Quizplus · Accepted Answer

The labor partial productivity measure for 2012 is $300,000 divided by $40,000 or 7.5.For 2013 it is $330,000 divided by $43,000 or 7.67.The percentage change between 2012 and 2013, then, is (7.67 - 7.5)/7.5 or 0.17 divided by 7.5 = 2.33%.

Various Financial Data for SunPath Manufacturing for 2012 and 2013