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Vanity Press (VP) Pty Ltd is a specialist print factory that manufactures three types of singie order books: textbooks, novels and children's books. Each book

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Vanity Press (VP) Pty Ltd is a specialist print factory that manufactures three types of singie order books: textbooks, novels and children's books. Each book is printed as a seporate batch, to order, and only one print run per book is undertaken. The CEO is concerned that the current (simple) costing system may not be providing the information necessary to inform appropriate decisions about product mx x and product pricing and so asks you to undertake a costing analysis of data for 2019. During the year, sales quantities and production costs were as follows: VP's pricing policy is to charge a mark-up of 40% on production costs, to a maximum price of $49.95. Part A (7 marks) A1. Using only the information above, what was the average cost, price and profit for each book: (Hint: round costs to the nearest cent) A2a. What is the total revenue, total cost and total proft, by product ine? (Round to the nearest dollar) A2b. Which product line appears to be the mast profitabie? A2c. Which product line appears to be the lesst proficable? A2d. If Vanity stopped makina the least proftable product line and continued the other two at the same level, total profit would

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