Question: A firm plans to launch a new product soon. THe production manager must decide between two production prcesses to manufacture the product. Process 1 would have an annual fixed cost of $1,000,000 and a variable cost of $20 per unit. Process 2 would have an annual fixed cost of $1,500,000 and a variable cost of $18 per unit. The retail price of this new product is $40 per unit. Please help the above-mentioned manager to come up with a contingency plan of process choice(which process to choose under what sales range). Please provide all details.