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Rapid Industries has multiple divisions. One division, Iron Products, makes a component that another division, Austin, is currently purchasing on the open market. Iron Products
Rapid Industries has multiple divisions. One division, Iron Products, makes a component that another division, Austin, is currently purchasing on the open market. Iron Products currently has a capacity to produce components at a variable cost of $ and a full cost of $ Iron Products has outside sales of components at a price of $ per unit. Austin currently purchases units from an outside supplier at a price of $ per unit. Assume that Austin desires to use a single supplier for its component.
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