The management of M&M, a subsidiary of Daffodil, is concerned about its inability to obtain enough trained labour to enable it to meet its current budgeted projection: Service A B Total 47 37 41 125 Sales revenue Variable costs Materials Labour Expenses Allocated fixed cost Total cost Profit 8 11 5 6 30 17 6 8 4 15 33 4 7 14 4 12 37 4 21 33 13 33 100 25 The available labour cost to spend is 23,000. All the labours are paid at the same hourly rate across the services. You are requested to prepare a plan to produce a higher profit, ensuring that at least 50 per cent of the budgeted sales revenues could be achieved for each service. Prepare the statement, with explanations, showing the highest profit could be achieved from the limited amount of skilled labour available within the constraint stated. (10 Marks) What steps could the business take to improve profitability in light of the labour shortage