Productivity may best be defined as
a. the quantity of production.
b. the amount of revenue earned.
c. the ratio of outputs to inputs.
d. the quality of what is produced.

An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would: