8. Company JKL manufactures three products called A, B, and C. All three product have considerable market demand (exceeding what the company can make in a month). The following is the per unit product data: A B Selling price $145 $328 $460 Direct materials cost $11 $44 $33 Direct labor cost $31 $30 $28 Variable overhead costs $8 $19 $31 Fixed overhead costs $17 $35 $50 Variable selling and administrative expenses $13 $29 $40 Fixed selling and administrative expenses $18 $25 $73 Machine hours (MH) per unit 4 MH 2 MH 8 MH All three products are made using the same machinery (MH); however, Company JKL only has 20,000 MH available each month. It must produce a minimum of 800 units of each product and is not sure which product to make after meeting the minimum production requirements. (a) Prepare a financial analysis that clearly shows how many units of each product Company JKL should produce each month to maximize its profitability. Your analysis should show how many units of each product the company should produce, how many total MH it should use for each product, and what the total expected contribution margin would be if that production schedule is followed. (b) In what order should Company JKL manufacture its products? State which one should be made first, which one should be made second, and which one should be made last. Briefly explain why you ordered them this way