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Margin Analysiss Being able to calculate a healthy Margin Anaysis will help the Research 8 Development Department understand how to change the cost of materia and the Production Department understand how to change the cost of labor. You will need: - The Production Analysis report (page 4) of the Capstone Courier for Round 0 - The Segment Analysis reports (pages 5-9) of the Capstone Courlor for Round 0 Determining Current Margin "The product detalse are toc exnmple only Your product naties and data may dreet bet the process to calcutate morgins is identicat. Useful formulas: Contribution Margin(\$) = Price D (Matorial Cost + Labor Cost) Margin Percentage (%)= Contribution MarginvPrice Calculating Margin Activity In the table below enter each product's price, material cost, and labor cost found in your report, and note whether or not a second shift was used (Y/N). Then, use the values you entered to calculate the Contribution Margin and the Margin Portertage. Margin Analysiss Being able to calculate a healthy Margin Anaysis will help the Research 8 Development Department understand how to change the cost of materia and the Production Department understand how to change the cost of labor. You will need: - The Production Analysis report (page 4) of the Capstone Courier for Round 0 - The Segment Analysis reports (pages 5-9) of the Capstone Courlor for Round 0 Determining Current Margin "The product detalse are toc exnmple only Your product naties and data may dreet bet the process to calcutate morgins is identicat. Useful formulas: Contribution Margin(\$) = Price D (Matorial Cost + Labor Cost) Margin Percentage (%)= Contribution MarginvPrice Calculating Margin Activity In the table below enter each product's price, material cost, and labor cost found in your report, and note whether or not a second shift was used (Y/N). Then, use the values you entered to calculate the Contribution Margin and the Margin Portertage