3 (Marks -05) XYZ Corporation produces and sells three products: tablets, mobiles and watches. Data related to three products is as follows: Tablets Mobiles Watches Sales (Units) 800 200 200 Price per unit $100.00 $50.00 $40.00 Variable cost per unit 60.00 20.00 30.00 Machine hours per unit 10 Hours 5 Hours 4 Hours Labor hours per unit Hours 5 Hours 15 Hours 10 XYZ Corporation is available with 8,000 machine hours and 16000 hours of labor to meet the demand of all products. Fixed cost for the period is $ 45,000. Determine the best sales mix for XYZ Corporation by identifying the limiting factor and find out the profit