Question: Incorrect Question 6 0 / 1 pts Alternative 1 has a fixed cost of $1,100.00 and a variable cost of $1.10; Alternative 2 has a

Incorrect Question 6 0 / 1 pts Alternative 1 has

Incorrect Question 6 0 / 1 pts Alternative 1 has a fixed cost of $1,100.00 and a variable cost of $1.10; Alternative 2 has a fixed cost of $3,800.00 and a variable cost of $0.75 The number of units that are planned to be produced in a favorable market are 20,000. In an unfavorable market 12,500. The probability of a favorable market is 65%. Based on cost, which alternative should be chosen and what is the total cost? alternative 2; $16,831 alternative 1; $20,195 based on probability, alternative 1 at $14,850 alternative 2; 18,800 alternative 1; 23,100

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