2. Innova uses 1,000 units of the component IMC2 every month to manufacture one of its products. The unit costs incurred to manufacture the IMC2 component are as follows: Direct materials Direct labor Overhead Fixed Overhead $65.00 45.00 78.50 $ 48.00 $236.50 Total Cost An outside supplier has offered to sell the component to Innova for $200 per unit. Instructions (a) Should Innova make or buy the component? Why or why not? (b) If 40% of the fixed costs will be eliminated if Innova buys the component, should Innova make or buy the component? Why or why not? (c) If the none of the fixed cost will be eliminated if Innova buys the component, but the productive capacity released by buying the components could be used to produce an additional $10,000 of contribution margin, should Innova make or buy the component? Why or why not