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Tech Innovations Inc. is considering outsourcing a part of its production process to reduce costs. The company currently incurs variable costs of $30 per unit

  1. Tech Innovations Inc. is considering outsourcing a part of its production process to reduce costs. The company currently incurs variable costs of $30 per unit and fixed costs of $50,000 per month for production. The outsourcing company offers to produce the same units for $25 each. Analyze whether outsourcing is a financially viable option and provide a recommendation.

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