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Shining Lid manufactures four products using the same machinery. The following tables relates to the four products: Product A Product B Product C Product D

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Shining Lid manufactures four products using the same machinery. The following tables relates to the four products: Product A Product B Product C Product D Cost per unit $ $ $ $ Selling price 44 47 32 30 Direct materials 8 10 8 7 Direct labour 8 4 4 Variable overheads 6 6 3 3 Fixed overheads* 16 16 8 8 Profit 6 7 9 8 Labour hours 0.5 0.5 0.25 0.25 Machine hours 5 4 3 4 Maximum demand per week 100 250 180 200 * Fixed costs are $8,000 per week Required: (a) Assuming that machine hours is the constraint at a maximum of 2,000 per week, what is the maximum weekly profit that the company can make. Show your computation clearly and prepare a profit statement showing the production plan

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