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Q1. a. MANIOCK Ltd produces seven different kinds of products. Viz M. A. N. I. O. C. K. The company is reviewing the production and sales budgets for the next accounting period, 2014. The capacity of its machines for 2014 in only 45,600 hours. The following information is available for the seven (7) products: C PRODUCT MACHINE HOURS REQUIRED PER UNIT ESTIMATED SALES DEMAND CONTRIBUTION PER UNIT IN GHANA CEDIS 12 3 950 M 16 950 5 A 20 20 950 N 40 950 48 I 25 950 16 o 950 35 40 C 18 950 12 K The machine capacity for 2014 is not sufficient to meet total sales demand for all the products. As a newly employed young Management Accountant you have been asked to advise the management of the company as to which products should be produced in 2014, and in what quantities? b. Briefly explain the consequences of your advice