Question 8 Not yet answered Marked out of 2.00 Flag 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 Selling price 700 620 706 Direct materials 288 240 210 Direct labour 160 185 200 Variable overheads 76 69 151 Fixed overheads 81 54 79 Total costs 605 548 640 Profit per unit 95 72 66 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: O a. Best 2nd Best 3rd Best Orange Yellow Red O b. Best 2nd Best 3rd Best Yellow Orange Red O c. Best 2nd Best 3rd Best Red Orange Yellow O d. Best 2nd Best 3rd Best Yellow Red Orange