Question 1: Information about Blum Company is as follows:
2009 2010
Output (units) 10,000 9,300
Input quantities:
Labor (hours) 4,000 3,875
Input prices:
Labor (per hour) $7 $8
What is the partial operational productivity measure for labor for 2009?
2.4
2.5
0.4
2.8
Question 2: Information about Gilman Company is as follows:
2009 2010
Output (units) 100,000 105,000
Input quantities:
Labor (hours) 40,000 43,750
Input prices:
Labor (per hour) $14 $16
What is the partial operational productivity measure for labor for 2010?