Required information [The following information applies to the questions displayed below.] Corrigan Enterprises is studying the acquisition of two electrical component insertion systems for producing its sole product, the universal gismo. Data relevant to the systems follow. Model number 6754 : Variable costs, $20.00 per unit Annual fixed costs, $985,600 Model number 4399 : Variable costs, $11.80 per unit Annual fixed costs, $1,114,000 Model number 6754: Variable costs, $20.00 per unit Annual fixed costs, $985,600 Model number 4399: Variable costs, $11.80 per unit Annual fixed costs, $1,114,000 Corrigan's selling price is $62 per unit for the universal gismo, which is subject to a 10 percent Required information [The following information applies to the questions displayed below.] Corrigan Enterprises is studying the acquisition of two electrical component insertion systems for producing its sole product, the universal gismo. Data relevant to the systems follow. Model number 6754 : Variable costs, $20.00 per unit Annual fixed costs, $985,600 Model number 4399 : Variable costs, $11.80 per unit Annual fixed costs, $1,114,000 Model number 6754: Variable costs, $20.00 per unit Annual fixed costs, $985,600 Model number 4399: Variable costs, $11.80 per unit Annual fixed costs, $1,114,000 Corrigan's selling price is $62 per unit for the universal gismo, which is subject to a 10 percent