Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest inefficiency. Eric 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. Re has the following data representing a month from last year and an equivalent month this year:
Show the productivity percentage change for each category and then determine the improvement for labor-hours, the typical standard for comparison?