George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest

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George Kyparisis Makes Bowling Balls In His Miami Plant With Recent Increases In His Costs He Has A Newfound Interest 1 (24.23 KiB) Viewed 19 times

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Last Year 1,200 300 50 10,000 3,000 Now 1,200 275 45 11,000 2,850 Cost Per Input Unit $10 per hour Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) $6 per pound 1% per month $0.60 per BTU The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = % (enter your response as a percentage rounded to two decimal places).