Question -2 Cloth Ltd. is a large shirt manufacturing company producing two types of shirts A and B. Due to the shortages in some resources, the company has difficulty in deciding on the optimum production plan for the forthcoming period. You have been asked to analyze the situation and have been presented with the following data: Particulars Shirt A($) Shirt B (S) Material ($30 per meter) 1505 180. Direct Labour 18.75 1.25 Skilled( $15 per hour) Semi-skilled( $11 per Hour) 3.5 - 36 Variable overhead $178 $350 15 $204.25 4 .5 The expected Demand and selling price for the Cloth Ltd. Company are as follows: Selling Price ($) Demand (units) Shirt A $250 4000 Shirt B $325 7,000 The availability of the material and labour resources are as below: Material 65,000 meters Skilled labour 12,000 hours Semi-Skilled Unlimited REQUIRED: a) Advice the Company of the optimum production Plan of A and B for the purpose of maximizing contribution earned in the forthcoming period using all the steps. (All the calculation should be up to 2 decimal places.) 8 Marks b) Calculate total contribution and get conclusion. Marks END OF ASSIGNMENT GUIDELINES: Contents of the Group Work. Title Page - Names and ST numbers of Group members. Contents Introduction Questions as per above Scenario. Conclusion