George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs,...
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Accounting
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 3% increase in productivity per year? He has the following data representing a month from last year and an equivalent month this year (listed below) Show the productivity percentage change for each category using the following cost data and table information Labor: \$15 per hour Resin: $5 per pound Capital expense: 1% per month of investment Energy: $0.50 per BTU
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