The matrix product \( AB \) is
\[
\boxed{\left[\begin{matrix} 467 & 53 \\ 125 & 15 \end{matrix}\right]}
\]
The correct interpretation of \( AB \) is option B: Row 1 of \( AB \) represents the restaurant and row 2 represents the food truck. Column 1 of \( AB \) represents total salary (in thousands) and column 2 represents total benefits (in thousands) for all employees.
Thus, the answer is
\[
\boxed{B}
\]