3) Mr. Jones points out that within the factory operations there is limited machine time. He is trying to decide which of the products should be produced to maximise the profit. He supplies the following information; Product Economy Standard De Luxe Selling Price $300 $500 $700 Variable Costs $144 $ 252 $428 Machine Hours Required 0.6 0.8 1.6 You are asked to; a) Compute the Contribution Margin per unit of Limited Resource 9 Marks b) Advise as to which product should be produced. 1 Mark