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Jones Company has the following data to make 1 0 , 0 0 0 seats for its bicycles: table [ [ Variable Product Costs,
Jones Company has the following data to make seats for its bicycles:
tableVariable Product Costs,Fixed Product Costs,
The company needs bicycle seats per year to put on the bicycles the company produces. Another option is that company can purchase the bicycle seats from an outside source for $ per seat. Assume fixed costs stay the same whether the company makes or buys the seats.
Based on financial data only, should the company make or purchase the bicycle seats?
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