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Martin Manufacturing Has Implemented Several Programs to Improve Its Productivity

question 29

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Martin Manufacturing has implemented several programs to improve its productivity. They have asked you to evaluate the firm's productivity by comparing this year's performance with last year's. The following data are available:
 Last Year  This Year  Output 10,500 units 12,100 units  Labor Hours 12,00013,200 Utilities $7,600$8,250 Capital $83,000$88,000\begin{array} { | l | l | l | } \hline & \text { Last Year } & \text { This Year } \\\hline \text { Output } & 10,500 \text { units } & 12,100 \text { units } \\\hline \text { Labor Hours } & 12,000 & 13,200 \\\hline \text { Utilities } & \$ 7,600 & \$ 8,250 \\\hline \text { Capital } & \$ 83,000 & \$ 88,000 \\\hline\end{array}
Has Martin Manufacturing improved its productivity during the past year?


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