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Problem 1: Insight Inc. deals in four different products with different manufacturing process, and specifications. You, as the production head, has been asked to prepare a cost sheet specifying the minimum number of units that the company must produce and sell in the upcoming year to ensure that the company does not run into losses. You asked the production manager of each product to provide you with relevant information regarding there respective products, and they came up with the following data: W X Y Z Seling price Variable cost per unit Budgeted production (in units) 80 $ 59$ 7600 60 $ 36 $ 6800 95 $ 72 $ 9300 103 87 5800 Total fixed cost of the company $950,000 Also, compute the margin of safety sales if the actual sales of the company came out to be $5000,000