Another manager wants to evaluate an internal process that would be used to produce the new product. The fixed and variable costs and capacities for each process are listed below. Utilize this information to answer questions 3-4 Process Fixed Cost 700,000 400,000 100,000 Variable Cost/Unit 20 40 70 Capacit 50,000 15,000 8,000 3. What are the low-cost output ranges for each alternative given the cost info and capacity info above? (you must show ALL pertinent math and show relevant ranges below) (6 pts) 0 Math Area Process Range Answer 0 4. If demand was expected to range between 9,000 and 14,000 for the next 7 years, which process would you select? Explain in one BRIEF sentence. (1 point) Answer Explanation