Fast Company, a specialist in printing, has established 500 convenience copying centers throughout the country. In order to upgrade its services, the company is considering two new models of laser copying machines for use in producing high-quality copies These high-quality copies would be added to the growing list of products offered in the Fast shops. The selling price to the customer for each laser copy would be the same, no matter which machine is installed in the shop. The two models of laser copying machines under consideration are 10245 (a small-volume model) and 1024M (a medium-volume model). The annual rental costs and the variable operating costs vary with the size of the machine. The machine capacities and costs are shown below: Copier Model 10245 1024M 100,000 350.000 S 8,000 11,000 Annual capacity (coples) Costs: Annual machine rental Variable costs per unit: Cost of paper Variable operating costs 0.02 0.12 0.02 0.07 a) Determine the volume level in coples at which Fast Company would be indifferent between acquiring either the small-volume model (10245) or the medium-volume model (1024M). Put your answer in the space provided and show and label your computations b) Draw a PV graph (NOT a CVP graph!) for the 1024 and 1024M models. Carefully label it as we did in class. Write down the values where all lines intersect an axis. c) Which copier is better for establishments that are likely to sell 80,000 copies per year? Why