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Not yet answered Marked out of 2.00 plag question Smith plc makes three products, Yellow, Orange and Red. Unit costs and revenues relating to the
Not yet answered Marked out of 2.00 plag question Smith plc makes three products, Yellow, Orange and Red. Unit costs and revenues relating to the three products are as follows: Yellow Orange Red 700 620 706 Selling price Direct materials 288 240 210 160 185 200 Direct labour 76 69 151 Variable overheads 81 Fixed overheads 54 79 605 548 640 Total costs 95 72 66 Profit per unit All three products use labour which costs 26 per labour hour but there is not enough labour to meet the demand for all three products. In what order should these three products be produced if the company wishes to maximise its profit? Select one: a. Best 2nd Best 3rd Best Orange Yellow Red b. Best 2nd Best 3rd Best Red Orange Yellow c. Best 2nd Best 3rd Best Yellow Red Orange d. Best 2nd Best 3rd Best Yellow Orange Red
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