Question: (4 points) Consider the following annualized data on a bread manufacturing company: 2018 Sales: 2,288,000 Sales Price per Unit: $2.98 Staff of 86 direct employees,

(4 points) Consider the following annualized data on a bread manufacturing company: 2018 Sales: 2,288,000 Sales Price per Unit: $2.98 Staff of 86 direct employees, each with an average payroll of $33,280. Total materials and supply costs: $926,000 a. What is the labor productivity in terms of units of output per unit input? Interpret. b. What is the productivity in terms of dollars of output and the cost of inputs (labor + materials)? Interpret

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