Gwalior Sports Goods Manufacturers has been a market leader in making and selling sports goods items in GCC countries. The company has been so successful in the market due to its various key success factors. This company adds value through design of products and processes, production, marketing, distribution and customer service. Gwalior Sports keeps improving its processes through implementing certain innovative processes that eliminate certain non-value adding processes and adding processes that add value to the products being manufactured. It also keeps close contact with its customers to understand them better in terms of their expectations towards sports goods and makes design of their products accordingly (a) Need for Systematic Decision-Making Process The CEO of this company wants to have structural changes in decision making process being followed. He feels that the process they follow for making decisions is quite long and time consuming and as a result certain opportunity are missed out. The following model impresses the CEO and wants to implement the following process Define Protblem Analvze Implement (b) Products of Gwalior Sports Goods Manufacturers Gwalior Sports Goods manufactures two different types of tennis tables (A & B). Cost and other details of these two products are given below (i) Cost details of Product A and B Information Direct Costs Materials Product A Produet B Cost per unit of material Units Units Cost per unit of materials Material X Material Y 20 units 40 units 5 8 per unit of material 40 20 10 per unit of material $ 8 per unit of material S 10 per unit of material $ 30 per hour $ 40 per unit of A Labour 6 hours 10 hours $ 20 per hour Indirect Costs Overheads (allocated) unit of B (ii) Inventory Details of Gwalior Sports Goods Gwalior has furnished inventory and other cost details as given below for the year 2018 Information It Jan 2018 75,000 31* Dec 2018 65,000 150,000 120,000 60,000 90,000 Work in progress Inventory Cost of Materials used Direct Labour Manufacturing overheads Finished Goods Inventory 60,000 (c) Breakeven Analysis for one of its (Product C) Gwalior Sports Goods Manufacturers Gwalior incurs fixed costs of S 270,000 per annum for Product C. It manufactures and sells Product C for S 1, 200 per unit. The variable cost to Sales Ratio is 70%. (d) Gwalior's Proposal to reduce selling price of Product D Gwalior proposes to reduce selling price of one of its products (Product D) to S 110 (existing price is S 120 per unit). The variable cost been estimated as S 50 per unit and fixed costs as S 100,000 per annum. The management accounta is implemented then the sales units of product D will increase from 4,000 units to 5,000 units as there exists ). The management accountant also suggests that there will be an no increase in fixed costs and variable cost per unit would remain the same Reguired 4) Based on the information given above in (c) (for Product C), compute the followin a demand for product (i) Contribution per unit (i) Variable cost per unit (iii) Breakeven point (in units) (iv) Breakeven point (in dollars) (10 marks)