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350 QUESTION No. 3: (5.5 marks) A company manufactures three products using the same machine which has limited time available. The following cost and selling

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350 QUESTION No. 3: (5.5 marks) A company manufactures three products using the same machine which has limited time available. The following cost and selling price details relate to the three products: Product B S/unit S/unit S/unit Selling price 310 Direct material 150 70 Direct labour 65 50 140 Variable overhead 45 60 70 Fixed overhead 40 50 100 Profit 50 80 40 Minutes per unit Minutes per unit Minutes per unit Machine time 30 14 24 450 100 Required: In order for the company to maximize its profits, rank the order of producing the 3 products as measured using throughput accounting. Show your workings

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