Question: Two manufacturing processes are being considered for making a new product. Process #1 is less capital intensive, with fixed costs of $50,000 per year and

Two manufacturing processes are being considered for making a new product. Process \#1 is less capital intensive, with fixed costs of $50,000 per year and variable costs of $700 per unit. Process #2 has fixed costs of $400,000 annually, with variable costs of $200 per unit. If annual sales are expected to be 600 units, then: a) the total cost of process \#1 is b) the total cost of process \#2 is When writing your answer, please use only numbers and do not use commas. For example, if your answer is two hundred thousand dollars, then please write 200000. Blank \# 1 Blank \# 2

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