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Masters level course- need all work with answer

6. Columbia Industries makes bowling balls in its Texas plant. With rising costs, operations managers are interested in improving efficiency. The concern is if the organization is maintaining a 5% increase in productivity? The organization is using the following data representing a month from last year and an equivalent month thi year. Last Year This year Units Produced 0,000 10,000 Labor in hours 30,000 27,500 450 Capital Invested $100,000 $110,000 Energy (kWh) 30,000 28,500 $556,270 $558,500 Resin in pounds 500 Revenue In addition to this above data, Columbia Industries has determined that labor costs $14.00 per hour, resin $6.00 per pound, capital expense is calculated based on 1% per month of investment, and energy costs for production Calculate the percent of change for labor, resin, capital, and energy and determine if the organization is maintaining a 5% improvement.

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