Perform a$$ "product$-$by$-$value" analysis on products$$ A$,$ B$,$ C$,$ D$,$ and$$ E:

A

B

C

D

E

Unit Contribution

$$$$0\mathrm{.}75$

$$$$0\mathrm{.}33$

$$$$1\mathrm{.}25$

$$$$0\mathrm{.}85$

$$$$0\mathrm{.}75$

Total Contribution

$$$$63,000$

$$$$82,000$

$$$$95,000$

$$$$115,000$

$$$$57,000$

Part $2$

Arrange the products in descending order of their individual dollar contribution to the$$ firm:

C

$,$

D

$,$

A

$,$

E

$,$

B

$.$

Part $3$

Arrange the products in descending order of their total dollar contribution to the$$ firm:

D

$,$

C

$,$

B

$,$

A

$,$

E

$.$

Part $4$

Based on the$$ "product$-$by$-$value" analysis, which products are the $3$ lowest in total dollar contribution and therefore possible candidates for$$ replacement?

Products

$$

$$

A$,$ B$,$ and E

B$,$ C$,$ and D

A$,$ C$,$ and D

should be investigated for replacement.