Consider the given scenario:
Assume you are the division controller for Norwich Cookie Company. You are looking over some cost of production reports segmented by cookie line. You notice there is a drop in the material and labor costs for "Chips for Days", a best-selling cookie. On further investigation you discover why chip costs have declined.
Detail what has caused the decline in material and labor costs for this particular brand of cookie. Is it realistic to believe that these costs will continue to decline? Explain your reasoning.