Question: explain the process please 3. A fim plans to begin production of a new small appliance. The manager must decide whether to purchase the motor

explain the process please

3. A fim plans to begin production of a new small appliance. The manager must decide whether to purchase the motor for the appliance from a vendor at ten dollars cach or to produce them in house. The in-house process would have an annual fixed cost of $320,000 and a variable cost of eight dollars per unit. Determine the range of annual volume for which each of the alternatives would be best. [Hint: Please read Problem I on page 212 in the text book)

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