Premium Cutlery Inc (PCI) is a specialist producer of a single product - environmentally friendly disposable cutlery. It has the capacity to manufacture 20,000 boxes of disposable cutlery a month. The selling price for a box is $30. The variable cost per box is $12. Both the selling price and variable costs are expected to stay the same over the next few months. PCI also incurs significant amounts of fixed costs which are not expected to change over the next 12 months. It is now the last day of the current month. In the current month, PC has completed production for 20,000 boxes (i.e., it was operating at full capacity). All 20,000 boxes have been sold at $30 per unit. PCI monthly sales numbers (in terms of boxes) can vary significantly from month to month. Towards the end of the day, PCI receives a phone call from a chain of restaurants (GW) who are looking for a one-off supplier of 500 boxes of disposable cutlery. GW requires these items to be made and supplied in the following month. Selling these items to GW will not involve any additional cost to PCI. Which of the following statements is/are most likely to be true? 1. The lowest price that PCI should accept for the order from GW to maximise its profit in the following month is $30 per box 2. The lowest price that PCI should accept for the order from GW to maximise its profit in the following month cannot be determined with the available information 3. In order to maximize its profit in the following month, PCI should ignore its fixed cost when deciding whether to accept the order from GW. Statement 1 only Statement 2 only Statement 3 only Statements 1 and 3 only Statements 2 and 3 only