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QUESTION 4 Norm Inc. is analyzing its 2021 results for one of its products, Macz. A competitor to MacZ has released partial data for a

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QUESTION 4 Norm Inc. is analyzing its 2021 results for one of its products, Macz. A competitor to MacZ has released partial data for a product that competes with the Macz. From that data Norm Inc. estimated that the competitor's production costs can be estimated as fixed costs of $75, 000 annually plus variable costs equal to 25% of sales revenues. Norm Inc. calculates that the production costs of MacZ are annual fixed costs of $51, 000 and variable costs equal to 31% of revenues. At a sales volume of $400, 000 annually what is the difference in cost between the two products? Calculate your answer as the cost to Norm Inc. minus the cost to the competitor. A positive number indicates Norm Inc has the more costly technology. Round your solution to the nearest $1.00

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