Q5 b) Contribution statement for Chiyeyeye furniture manufacturing Ltd Product A(ZMW) Product B(ZMW) Sales XXXXXXXXXX Variable costs XXXXXXXXXX Contribution XXXXXXXXXX Fixed costs XXXXXXXXXX Profit...

Q5
b) Contribution statement for Chiyeyeye furniture manufacturing Ltd
Product A(ZMW) Product B(ZMW)
Sales 1000 500
Variable costs 600 300
Contribution 400 200
Fixed costs 200 200
Profit 100 -
Calculate
i) Break-even point for each product
ii) Contribution ratio for each product
iii) Can you close product B and why? Explain