Yr 1HoursDollarsRateYr 2HoursDollarsRateDeltasHrs growth$ GrowthRate Difa.214.2$6,135 $28.64 a.258.3$7,292 $28.23 a.20.6%18.9%-1.4%b.152.3$6,494 $42.63 b.155.3$6,685 $43.06 b.1.9%3.0%1.0%total366.5$12,629 $34.45 total413.6$13,977 $33.80 total12.8%10.7%-1.9%
Here is the situation, I have total hours and dollars for group a and b in yr 1 and 2. I calculated a rate for each group (dollars/hours), then a weighted rate for each year with the two groups combined. I am analyzing several aspects of these numbers in the 3 (delta) section. The delta section is nothing more than the growth from year 1 to year 2. The calculation is (yr2-yr1)/yr1 gives me the escalation (or de-escalation as the case may be). My question is this: How the heck is there a -1.4% movement in group a and 1.0% movement in group b and a combination of the two of -1.9%?
I am baffled and distraught.. would appreciate any help on this.