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The following details relate to ready meals that are prepared by a food processing company: L K M S per meal S per meal

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The following details relate to ready meals that are prepared by a food processing company: L K M S per meal S per meal $ per meal Selling price 5 3 4.40 Variable conversion costs 3.60 1.80 3.15 Fixed conversion costs 0.50 0.30 0.60 Profit 0.90 0.90 0.65 Oven time (minutes 10 4. 8 required per ready meal) Required Show which ready meal is the most profitable for the company as per contribution per limiting factor? (per minute). Comment on the results.

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