Various financial data for SunPath Manufacturing for 2015 and 2016 follow. 2015 2016 Output: Sales $ 300,000 $ 330,000 Inputs: Labor $ 40,000 $ 43,000 Raw Materials: $ 45,000 $ 51,000 Energy: $ 10,000 $ 9,000 Capital Employed: $ 250,000 $ 262,000 Other: $ 2,000 $ 6,000 What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2015 and 2016

% change in multi-factor productivity = 2.88%

% change in raw materials productivity = -2.94%

% change in labor productivity = 2.33%

Explanation:

                                            2015           2016

Output:

Inputs:

multi-factor = total output / (labor costs + materials costs + overhead costs)

MFP 2015 = $300,000 / ($40,000 + $45,000 + $10,000 + $250,000 + $2,000) = 0.8646

MFP 2016 = $330,000 / ($43,000 + $51,000 + $9,000 + $262,000 + $6,000) = 0.8895

% change = (0.8895 - 0.8646) / 0.8646 = 0.0288 = 2.88%

raw materials productivity = total output / materials costs

raw materials productivity 2015 = $300,000 / $45,000 = 6.6667

raw materials productivity 2016 = $330,000 / $51,000 = 6.4706

% change = (6.4706 - 6.6667) / 6.6667 = -0.0294 = -2.94%

labor productivity = total output / labor costs

labor productivity 2015 = $300,000 / $40,000 = 7.5

labor productivity 2016 = $330,000 / $43,000 = 7.6744

% change = (7.6744 - 7.5) / 7.5 = 0.0233 = 2.33%

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

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