QUESTION TWO Makati Plc makes and sells a number of products. Estimated data for the forthcoming period is as follows: i) Product Data ii) Overhead costs are ZMW1, 500,000 of which 40% is related to the acquisition, storage and use of direct materials and 60% is related to the control and use of direct labour. iii) It is current practice in Makati Plc to absorb overhead costs into product units using overall companywide percentages on direct material cost and direct labour cost as the absorption bases. iv) Market prices for products A and B are ZMW 75 and ZMW 95 per unit respectively. Required: Prepare estimated unit product costs for Product A and Product B where overhead costs are charged to product units using the existing absorption basis as detailed above. Calculate the contribution for product A and B