RCP Ltd has operated successfully for many years manufacturing highly specialised components for the computer industry however recent changes to immigration policy has led to the company facing a shortage of labour . The board of directors are meeting to discuss this problem and you have been asked to prepare some working notes to help your boss prepare for the meeting.

The budget for the forthcoming year shows the following:

BUDGET	C1001	C2001	C3001
Demand (units)	25,000	15,000	5,000
Selling price per unit	$280	$240	$220
Materials per unit	$45	$45	$25
Variable overheads per unit	$26	$33	$24
Direct Labour (hours) per unit	6 hours	5 hours	7 hours

Other additional information relating to these products is as follows:

1. Labour cost is $10 per hour.
2. Sales commission of 5% of the selling price will be paid to the sales team. This is not included above.
3. Total fixed costs are estimated to be $850,000.
4. Due to the labour shortages the total labour hours available for the coming year will be 230,000 hours.

How do i Calculate the contribution made by each of the THREE products