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A manufacturing firm uses two measures of productivity: Total sales / Total inputs Total sales / Total labor inputs Given the data for the last

A manufacturing firm uses two measures of productivity:
Total sales/Total inputs
Total sales/Total labor inputs
Given the data for the last three years below, calculate the productivity ratios. All figures are in dollars. Round your answers to four decimal places.
Year 1 Year 2 Year 3
Sales $110 $129 $124
Materials 627371
Labor 283328
Overhead 81210
Year 1 Year 2 Year 3
Total sales/Total inputs
Total sales/Total labor inputs
How would you interpret the results? Compare the results between two consecutive years.
Total productivity
-Select-
in year 2 and
-Select-
in year 3.
Labor productivity
-Select-
in year 2 and
-Select-
in year 3.

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