Using the information provided in the table below, the percentage change in productivity from 2009 to 2010 is _____. $\begin{array}{|l|l|l|l|}\hline & & \underline{2009} & \underline{2010} \
\hline \text { OUTPUTS } & & & \
\hline & \text { Units } & 110,000 & 150,000 \
\hline \text { INPUTS } & & & \
\hline & \text { Direct Labor Costs } & \$ 250,000 & \$ 310,000 \
\hline & \text { Energy Cost } & \$ 6,000 & \$ 5,800 \
\hline & \text { Raw Material Cost } & \$ 40,000 & \$ 42,000\\hline
\end{array}$
A) less than or equal to 10%
B) more than 10% and less than or equal to 15%
C) more than 15% and less than or equal to 20%
D) more than 20% and less than or equal to 25%

Question

Using the information provided in the table below, the percentage change in productivity from 2009 to 2010 is _____. $\begin{array}{|l|l|l|l|}\hline & & \underline{2009} & \underline{2010} \
\hline \text { OUTPUTS } & & & \
\hline & \text { Units } & 110,000 & 150,000 \
\hline \text { INPUTS } & & & \
\hline & \text { Direct Labor Costs } & \$ 250,000 & \$ 310,000 \
\hline & \text { Energy Cost } & \$ 6,000 & \$ 5,800 \
\hline & \text { Raw Material Cost } & \$ 40,000 & \$ 42,000\\hline 
\end{array}$
A) less than or equal to 10%
B) more than 10% and less than or equal to 15%
C) more than 15% and less than or equal to 20%
D) more than 20% and less than or equal to 25%

Quizplus · Accepted Answer

Productivity is calculated by dividing the number of units produced by the total cost of inputs. In this case, the total cost of inputs in 2009 is $250,000 + $6,000 + $40,000 = $296,000, and the total cost of inputs in 2010 is $310,000 + $5,800 + $42,000 = $357,800. Therefore, the percentage change in productivity from 2009 to 2010 is:(150,000 / 296,000) / (110,000 / 357,800) - 1 = 14.4%Therefore, the correct answer is B: more than 10% and less than or equal to 15%.

Using the Information Provided in the Table Below, the Percentage