Could somebody solve this problem for me (question 1 and question 2). Could you write it in details how to solve it, please.

Thank you

E5A. ZE, Inc., manufactures two labor operations. Although there is unlimited demand for both products, ZE could devote all its capacities to a single product. Unit prices, cost data, and processing require- ments follow. products that require both machine processing and Product E Product Z Unit selling price $75 $200 Unit variable costs $25 $80 Machine hours per unit Labor hours per unit 1.2 0.4 2.0 6.0 Next year, the company will be limited to 160,000 machine hours and 120,000 labor hours. Fixed costs for the year are S1,000,000 Compute the most profitable combination of prod 1. ACCOUNTING CONNECTION ucts to be produced next year. Explain your answer 2. Prepare an income statement using the contribution margin format for the product volume computed in 1