Question: Please answer 2-4, use information from #1 to solve. I will give thumbs up, thank you! Please use the following information for questions #1 -5.

Please answer 2-4, use information from #1 toPlease answer 2-4, use information from #1 to

Please answer 2-4, use information from #1 to solve. I will give thumbs up, thank you!

Please use the following information for questions #1 -5. Purple Reign is a clothing manufacturer/retailer based in Minneapolis, MN. The company started by making and selling t-shirts with images of the musician Prince on them. Business picked up and the company began selling outfits that were inspired by Prince's wardrobe. Additionally, the company has entered into collaborations with current musicians and influencers to sell apparel inspired or designed by them. These artists or influencers include Post Malone, Olivia Rodrigo, and The Kid LAROI. Business has increased such that a few years ago Purple Reign brought warehousing and distribution in-house to package and ship customer orders. With business continuing to expand, the company now is making the decision to continue to order boxes from box manufacturers or buy a corrugate machine that will manufacturer boxes to customized sizes on demand. The company expects to have 140,000 orders in 2022 and each order will use one box. When buying boxes from manufacturers, the company needs to buy different size boxes to account for different orders. This pushes the average cost of each box to $.45. The box machine Purple Reign is considering costs $35,000, but lowers the variable cost of each box to $.24 because the company is able to manufacture each box on-demand. If the company buys boxes from manufacturers, Purple Reign likes to have a contract with each to ensure needs are met to certain specifications. Purple Reign can have all contracts negotiated for $3,000. Based on this information, and considering only the information we have based on 2022 projects, should Purple Reign purchase a box machine and make boxes on-demand or should the company continue to buy boxes from outside providers? For 2022, what is the best economic decision? What is the breakeven quantity based on the above information? Breakeven quantities are the quantity in which it would be the same amount of money to make or buy something. Less than or equal to 130,000 O Greater than 130,000 but less than or equal to 140,000 O Greater than 140,000 but less than or equal to 150,000 O Greater than 150,000 Question 2 1 pts What is the cost at the breakeven quantity? O Less than or equal to $65,000 O Greater than $65,000 but less than or equal to $70,000 O Greater than $70,000 but less than or equal to $75,000 O Greater than $75,000 Question 3 1 pts Using the "make" fixed costs and variable costs, how much would it cost to make 140,000 boxes? Less than or equal to $65,000 O Greater than $65,000 but less than or equal to $70,000 O Greater than $70,000 but less than or equal to $75,000 O Greater than $75,000 Question 4 1 pts Using the "buy" fixed costs and variable costs, how much would it cost to buy 140,000 boxes? Less than or equal to $65,000 O Greater than $65,000 but less than or equal to $70,000 O Greater than $70,000 but less than or equal to $75,000 O Greater than $75,000

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