The next 4 questions refer to the following situation: In the provided blank, insert the letter that corresponds to the correct answer. For example, if the correct answer is "a) 1.990 ", insert only "a" as the correct answer. A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable costs are $50 per unit. The firm is considering a fundamental shift in process, to repetitive manufacturing. The new process would have fixed costs of $90,000, and variable costs of $5. I - What is the crossover point for these two processes? The letter associated with the correct answer is A) 1550 units B) 1600 units C) 1,800 units D) 2,300 units E) None of the above II - Which process offers the lowest cost to produce 1,500 units, what is the minimum cost under the current process-focus and the new repetitive process, respectively? The letter associated with the correct answer is A) For a volume of 1500 units, the process focus is cheaper and the minimum cost is $93,000 B) For volume of 1500 units, the repetitive process is cheaper and the minimum cost is $93,000 C) For a volume of 1500 units, the process focus is cheaper and the minimum cost is $84,000 D) For volume of 1500 units, the repetitive process is cheaper and the minimum cost is $84,000 E) None of the above III - If the company forecast an annual demand of 1600 units and the price of the product is $70 each, the maximum possible profit is equal to: The letter associat with the correct answer is A) $21,000 B) $22,000 C) $23,000 D) $24,000 E) None of the above IV - If the company forecast an annual demand of 2,000 units and the price of the product is $80 each, the maximum possible profit is equal to: The letter associated with the correct answer is A) $30,000 B) $40,000 C) $50,000 D) $60,000 E) None of the above