An operation is evaluating the acquisition of new machinery. Three alternatives have been identified: Alternative ABC Fixed Annual Cost $100,000 $200,000 $150,000 Variable Costs $20 $5 $7.50 Determine break-even quantity for each pair of alternatives. Construct the graph to represent those points. It should be only one graph with all the corresponding lines on it Determine the ranges of production (units per year) over which each alternative will be recommended (The production capacity is 30,000 units per year) Note: The "break-even" concept is generally related to the point where revenues and costs are equal, but it can also be applied to the level of activity where two alternatives are equal, in terms of costs, revenues or profit.