Contribution Margin Analysis:

14  XYZ sells two products, A and B, with the following information for the year:

• Product A: Sales Revenue = $50,000, Variable Costs = $20,000
• Product B: Sales Revenue = $80,000, Variable Costs = $40,000

Requirements:

1. Calculate the contribution margin for each product.
2. Determine the total contribution margin for the company.
3. Compute the contribution margin ratio for each product.