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01 Chiyeyeye Enterprises Ltd sells equestrian boots and has three brands: Riding boots, work boots and casual wear. Looking ahead to the financial year ending
01 Chiyeyeye Enterprises Ltd sells equestrian boots and has three brands: Riding boots, work boots and casual wear. Looking ahead to the financial year ending 31" may. 2022, the directors of Chiyeyeye Enterprises ltd are faced with a budget loss of ZMW 10 000. This is based on the following data: Budgeted number of boots 10 000 Sales price per unit ZMW10 Variable cost per unit ZMW 6 Fixed cost ZMW 6000 Calculate the contribution margins for Chiyeyeye Enterprise Itd for each product? Based on your calculated contributions margin for each product line, what is the best decision by Chiyeyeye management on each product line? (13 marks)
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