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The Langosta Company reported data for 1997 and 1998 as follows: 1997 1998 The number of...

The Langosta Company reported data for 1997 and 1998 as follows:

1997

1998

 
The number of machines produced

60.000

75.000

 
Labor hours

20.000

18.750

 
The material used (kg)

600.000

850.000

 
Selling price per unit (machine)

$50

$45

 
Hourly labor costs

$10

$10

 
Material cost per kg

$2

$4

 
REQUESTED:
1. Calculate productivity profiles in 1997 and 1998. Are there productivity improvements?
2. Calculate productivity measures related to earnings for 1998. Are there productivity improvements?
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