Productivity component
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Productivity component is change in costs attributable to a change in the quantity of inputs used in the current period relative to the quantity of inputs that would have been used in the prior period to produce the quantity of current period output.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Productivity component. Change in costs attributable to a change in the quantity of inputs used in the current period relative to the quantity of inputs that would have been used in the prior period to produce the quantity of current period output.
