For LP Limited the following data are relevant to its products L and P:

(c) State the production required to obtain the largest contribution and the amount of that contribution.

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Product L Per unit Product P Selling price 200.00 240.00 Costs: Direct materials 45.00 50.00 Direct wages: Department: 1 16.00 20.00 Department: 2 22.50 13.50 Department: 3 10.00 30.00 Variable overhead 6.50 11.50 Fixed overhead is budgeted at 275,000 per annum. Relevant data for each department are: