A manufacturing company produces expensive toys. Each toy sells for $200 and costs $75. The company incurs a fixed cost of $6,000 per day to lease their machines to manufacture the toys. Depending on the volume of production the company must also hire and schedule enough number of employees to carry out the production. The additional labor costs are $500, $1000 and $2500 per day, when the production volume is 0 to 30 units, 31 to 60 units, and 61 to 90 units per day, respectively. The company forecasts the daily expected demand for its toys to be 75 units. NOTE 1: SHOW ALL YOUR WORK. USE 4 DECIMAL PLACES IN YOUR CALCULATIONS. NOTE 2: YOU SHOULD PROVIDE AND EXPLAIN ALL STEPS IN YOUR SOLUTION IN AN EXCEL WORKSHEET. NAME YOUR WORKSHEET AS Q2. a) (10 points) Compute the break-even point for each range of production volume separately. b) (15 points) Which production volume range is the best for the company? Explain clearly why. c) (5 points) Suppose the company has a production capacity of 85 units per day. (Use this information independent of the production volumes mentioned above). What is (i) the capacity cushion and (ii) the capacity utilization; if the company decides to produce only as much as the demand forecast?