The firm produces a re-charger unit for e-bikes for the UK residential market priced at E300 of which product variable costs are one-third of Sales revenues. They design and manufacture the systems in a small production workshop with an annual capacity of 20.000 units where annual overheads are 40,000 (where N is the last non-zero digit of your student id). a) Examine the workshop operating profitability 1) Prepare a Contribution Statement for workshop production of 1,000 units: 5,000 units and then multiples of 5,000 units in the typical format shown below. 1) Conduct a Break-Even Analysis for the workshop - examine the cost behaviours and show your workings II) The Operations Manager is informed the firm is looking for a Return on Sales (ROS) of 20%- what Target Sales should be set to achieve this? D) Revise this should the cost of parts/materials from suppliers) Increase such that the Product Contribution ratio for the product be reduced to half of Sales revenues. Compare the workshop profitability results to the results obtained for part 3a) and discuss the operational business Implications. Contribution Statement Template Sales units: 1,000 n.000 Sales revenues Ennnn Less: Variable Cost 1 (nnnn) Variable Costn innnn) Product Contribution nnnn Less: Fixed Costs nnnn) Profit/Loss non nnnn (nnnn) Innnn) nnnn (nnnn) nnnn