1. costs to make

2. Costs to buy

3. Outside supplier

Connect a question HE 23 6 Saved Help Save& Exit Submit 2 Check my work Gelb Company currently manufactures 47,000 units per year of a key component for its manufacturing process. Variable costs are $5.15 per unit, fixed costs related to making this component are $77,000 per year, and allocated fixed costs are $81,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.50 per unit. points Calculate the total incremental cost of making 47000 and buying 47,000 units. Should it continue to manufacture the component, or should it buy this component from the outside supplier? (Round "purchase price per unit" answer to 2 decimal places) eBook Hint Print References Complete this question by entering your answers in the tabs below. Costs to Make Costs to Buy Supplier Calculate the total incremental cost of making 47,000 units. (Round "variable cost per unit" answer to 2 decimal places.) Incremental Costs to Make Relevant Amount per Relevant Fixed Costs Total Relevant Costs Total incremental cost to make Costs to Buy) Next >