Rapid

can produce

600

pairs of sneakers per hour at maximum efficiency. There are

four

6-hour

shifts each day. Due to unavoidable operating interruptions, production averages

200

units per hour. The plant actually operates only

26

days per month. Based on the current month's budget,

Rapid

estimates that it will be able to sell only

107,000

units due to the entry of a competitor with high personalization capabilities. But demand is unlikely to be affected in future and will average around

122,000

units each month.

Assuming 30 days per month, calculate

Rapid's

monthly (1) theoretical capacity, (2) practical capacity, (3) normal capacity utilization, and (4) master-budget capacity utilization.