Alanco, Inc. manufactures a variety of products and is currently manufacturing all of its own component parts. An outside supplier has offered to sell one of those components to Alanco. The Controller has asked you to help evaluate this offer to determine if the company should make or buy the component. Here are some tips for using Excel: - Cell Reference: Allows you to refer to data from another cell in the worksheet. If you entered "=85" into a blank cell, the formula would output the value from cell B5. - Basic Math Functions: Allow you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract), "(asterisk sign to multiply), and / (forward slash to divide). For example, if you entered " B4+B5" in a blank cell, the formula would add the values from those cells and output the result. 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. For an answer to be graded as correct, you must use an Excel formula: 1. Begin each formula with an = sign. 2. Reference cells, instead of entering values. Example: =B3+C3 An outside supplier has offered to sell one of those components to Alanco. To evaluate this offer, the following information bas been gathered relating to the cost of producing the component internally: Required: 1. Assuming the company has no alternative use for the facilities now being used to produce the component, complete the following analyais to determine if the outside suppler's offer should be accepted 1. Assuming the company has no alternative use for the fac lities now being used to produce the component, complete the following analysis to determine if the outside supplier's offer should be accepted. (Use cells A6 to B19 from the given information to complete this question. Blank or zero value answers should be entered as a.) 2. Hased on this analysis, determine if Alanco should make or buy the component