Jeff Camm, the president of Biometrics, Inc. has received the following data from his accountant:
$\begin{array}{lllll}
&\underline{\text { Year } 1} &\underline{\text { Year } 2} & \underline{\text { Year } 3} &\underline{\text { Year } 4}\
\text { Sales } & \$ 26,000 & \$ 15,000 & \$ 17,000 & \$ 20,000 \
\text { Material } & \$ 8,000 & \$ 5,000 & \$ 6,000 & \$ 6,000 \
\text { Labor } & \$ 10,000 & \$ 7,500 & \$ 8,000 & \$ 8,000 \
\text { Overhead } & \$ 4,000 & \$ 2,000 & \$ 2,500 & \$ 4,000
\end{array}$ How is productivity changing in Jeff's firm?

Question

Jeff Camm, the president of Biometrics, Inc. has received the following data from his accountant:
 $\begin{array}{lllll}
&\underline{\text { Year } 1} &\underline{\text { Year } 2} & \underline{\text { Year } 3} &\underline{\text { Year } 4}\
\text { Sales } & \$ 26,000 & \$ 15,000 & \$ 17,000 & \$ 20,000 \
\text { Material } & \$ 8,000 & \$ 5,000 & \$ 6,000 & \$ 6,000 \
\text { Labor } & \$ 10,000 & \$ 7,500 & \$ 8,000 & \$ 8,000 \
\text { Overhead } & \$ 4,000 & \$ 2,000 & \$ 2,500 & \$ 4,000
\end{array}$ How is productivity changing in Jeff's firm?

Quizplus · Accepted Answer

The Answer of Jeff Camm, the president of Biometrics, Inc. has received the following data from his accountant:
 $\begin{array}{lllll}
&\underline{\text { Year } 1} &\underline{\text { Year } 2} & \underline{\text { Year } 3} &\underline{\text { Year } 4}\
\text { Sales } & \$ 26,000 & \$ 15,000 & \$ 17,000 & \$ 20,000 \
\text { Material } & \$ 8,000 & \$ 5,000 & \$ 6,000 & \$ 6,000 \
\text { Labor } & \$ 10,000 & \$ 7,500 & \$ 8,000 & \$ 8,000 \
\text { Overhead } & \$ 4,000 & \$ 2,000 & \$ 2,500 & \$ 4,000
\end{array}$ How is productivity changing in Jeff's firm?

Jeff Camm, the President of Biometrics, Inc How Is Productivity Changing in Jeff's Firm