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SOLVE MANUALLY) The following data is for a manufacturing firm: Category Year 1 Year 2 Year 3 Sales 112 128 125 Materials 63 72 71

SOLVE MANUALLY) The following data is for a manufacturing firm:

Category	Year 1	Year 2	Year 3
Sales	112	128	125
Materials	63	72	71
Labor	29	32	29
Overhead	10	11	9

All figures are in dollars.

Using the data, answer the following questions:

How would you interpret the results? (2 Points)
Calculate the productivity ratios of a manufacturing firm for the last three years. (8 Points)

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