A bicycle manufacturing company,TripleSpoke, has provided to you the following data. Calculate and compare the labor, raw material and supplies and total productivity for 2004 and 2005. What conclusion might your calcualtions lead you to believe about productivity compared between years 2004 and 2005?
|
|
2004
|
2005
|
|
Sales
|
$22,000
|
$35,000
|
|
Labor
|
$10,000
|
$15,000
|
|
Raw Materials
|
$ 8,000
|
$12,500
|
|
Capital Equipment
|
$ 700
|
$ 1,200
|
|
Other
|
$ 2,200
|
$ 4,800
|