Your Walls (W) manufactures wallpaper and associated aroducts for home decoration. The company is considering the bunch of a new innovative product, the QuickRoll. The Quiddell is a systems that allows for wallpaper paste (glue) to be applied directly onto a wall, and the walpeper to be led immediately into place. This allows an amateur decorator to compts an entire sem, to a to a professional requires e unit operates with a rechargeable battery pack instructions are provided with the QuickRull and how dosely and used with the appropriate paste, it will result in a perfectly smooth and even frush, YW intends that production of the QuickRal will start on 1 January 2023 Production will continue for an initial period of 12 months, at which time its success in the market will be reviewed. Prior to the final decision being taken to launch this product the board of directors of YW would like to cotain same information regarding its profitability. The product development manager has provided the following estimates in relation to the production and sale of the Qu Sales predictions: At an intended selingance of per Quick 10,000 Quicks will be reduced and said in the first 12 months Material: Each Quickall will require 2kg of paper and kg of plastic. Peperi uned regularly by e, in many different products, whereas plastic can only be used in the production of the Quickt wumenty has in warehouse 20,000kg of paper and 12,000kg of plastic used in the production of the Quick, that must be said. All of the paper was bought at a price of 20 per kg, all of the plastic was bought at a price of 16 per kg. Current sing prices of the existing material stocks a paper 15 per kg and plastic kg. Current buying prices of the latest standard of the material are seper 12 per kg and plastic 22 Labour: Each QuickRall requires 45 minutes of skid labour, currently paid E16 per hour, and 90 minutes of assembly labour, curently paid at 10 per hour. VW expects to have 25,000 hours of assembly labour unutised in 2023, and tas no plans to reduce its workforce. Skilled labour, however, is predicted to be in short supply for the indefinite future. Skilled labour could be found for the production of the QuickRoll by reducing the production of another product. This other product currently yields a contribution of 300 per skied our hour. 122123 Overbeads: The current overhead cost per Quic Allocation of premises rental cost Depreciation of machinery 2 Variable overheads Total Machinery: The specialist machine used to produce the Quick ready owned but is not used by the business at present. If it was not used to produce the QuickRoll would be sold at the start of 2023 for 150,000. The setting price at the end of 2323 will be 110,000 Aaratively, a machine could be hired for 2.000 per month (*) Use relevant costing techniques to calculate the graft or less that would be [16] achieved for the Quiddall system is the 12 months commencing 1 January 2023. Your calculations should be supported with clear explanations of the reason why a particular figure is included, or excluded, and of any assumptions that you make. Additional, state whether or not the product should be launched (b) Describe TWO non-financial factors that may wish to take into account [4] when deciding to launch this product. Your description should include details of the potential impact of the factors on the business