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QUESTION 1 Currently, ABC Company manufactures 35,000 bottles of LQD317 each month for the use of its main product. The company has a fixed monthly

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QUESTION 1 Currently, ABC Company manufactures 35,000 bottles of LQD317 each month for the use of its main product. The company has a fixed monthly cost of RM150,000 and a capacity to produce up to 70,000 bottles of LQD317 per month. The variable production costs of LQD317 are RM15 per bottle. You as the manager, is thinking to buy LQD317 from an outside supplier, but the company's operations for its main production would be idle. Besides that, even though you buy from the outside supplier, the fixed cost would continue at 40% of the present amount. Required: Calculate the maximum amount of price that you can consider to agree if you want to buy LQD317 from an outside supplier

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