Question A1 Monscer Ltd produce three distinct products, the costing data is as follows: Y Z £ £ Selling price Labour cost at £11 per hour 22 5.50 11 Material costs at £6 per kg Fixed costs 48 22 33...

Extracted text: Question A1 Monscer Ltd produce three distinct products, the costing data is as follows: Y Z £ £ Selling price Labour cost at £11 per hour 22 5.50 11 Material costs at £6 per kg Fixed costs 48 22 33 36 7 2 4 Profit 13 11.50 12 Monscer require skilled labour in the production process and have recently lost a number of experienced staff to a rival company and are faced with a labour shortage. Assuming there is unlimited demand for each product, rank the products in order from most profitable to least profitable given the shortage of labour.