Acme is setting up a Cost Sharing Contract with one of its major suppliers, HCC Manufacturing. HCC supplies Acme with a laser measuring device that Acme then sells to retailers. Acme and HCC are putting in place a Cost-Sharing Contract where Acme agrees to share 15% of HCCs Direct Production Costs (Material, Labor, Automation operation) in return for a 5 % discount on the price for a specified volume. This arrangement will require:

Group of answer choices

HCC to redesign the product so that it can increase margins

HCC to provide its complete direct production cost information to Acme

HCC to comply with International Labor Organizations guidelines on worker compensation and safety

Acme to provide detailed sales information to HCC

Acme to give HCC first right of refusal for any new laser measuring device it may develop