Question: I need the steps with the answer for this question. UTR23RD 4. A company has introduced a process improvement that reduces processing time for each

I need the steps with the answer for this question.

I need the steps with the answer for this

UTR23RD 4. A company has introduced a process improvement that reduces processing time for each unit; output is increased by 25 percent with less material, but two additional workers are required. Under the old process, four workers could produce 180 units per hour. Labor costs are $20/hour, and material input was previously $15/unit. For the new process, material is now $12/unit. *Overhead is charged at (400+ 0.5XLABOR COST). *Finished units sell for $75 each. QUESTION: What increase in productivity is associated with the process improvement

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