7.9Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data: VARIABLE COSTS (PER UNIT) (S) ANNUALIZED FIXED COST OF PROCESS TYPE PLANT &EQUIP. LABOR MATERIAL ENERGY Mass $1,260,000 30 18 12 Customization Intermittent Repetitive Continuous $1,000,000 $1,625,000 $1,960,000 24 28 25 26 15 15 20 12 Metters Cabinets projects an annual demand of 24,000 units for the Maxistand. The Maxistand will sell for $120 per unit. a) Which process type will maximize the annual profit from pro- ducing the Maxistand? b) What is the value of this annual profit? Px