Question

research and development finance/accounting, and purchasing marketing production operations, and finance/accounting QUESTIONS Given the table information below.compute the following assuming that the rates (costs) are the same: The current year energy productivity: (Enter your answer as a decimal number rounded to 2 decimal places. Not as a percentage The change in energy productivity with respect to Last Yr: (Enter your result as a percentage rounded to 1 decimal place. Do not include the symbol or insert extra spaces. Rate Units Produced Labor hours Casting rubber (lbs) (Material) Energy (kWh) Last Yr 500 22 265 1,800 Current Yr 775 36 440 3,000 30 S/hr 0.75 S/b 0.2 S/kWh el Save and submit to save and submit. Click Save All Answers to save all answers.

Answer 1

Energy productivity= Units produced/energy consumed

• Current year productivity= 775/3000= 25.83%
• Last year productivity= 500/1800= 27.77%
• Change in energy productivity= 25.83-27.77/27.77= 7% approx