From the following comparative statements of the years 2010 and 2011:
(a) Find out whether the year 2011 showed an overall better performance or otherwise:
(b) Possible causes of difference:
|
2010 |
2011 |
Wages incurred |
2,80,000 |
5,10,000 |
Units produced |
16,000 |
25,000 |
Average number of workers |
225 |
400 |
(Assume production of only one quality and same machinery conditions in both years).