ame company manufactures engines. rame produces all the parts necessary tor its engines, except tor one electronic component, which is purchased from two local suppliers: Hydra International and Parable Company. Both suppliers are reliable and rarely deliver late. Hydra sells the component for $12.00 per unit, while Parable sells the same component for $10.00. Fame purchases 80% of its components from Parable because of the lower price it offers. The total annual demand is 95.000 units I. Activity Data Inspecting components (sampling only) Reworking products (due to failed component) Warranty work (due to failed component) $210,000 $2,454,000 $1,923,000 II. Supplier Data Hydra Parable International Unit purchase price Units purchased Sampling hours Rework hours Warranty hours $12.00 19,000 60 150 550 Company $10.00 76,000 2,600 3,800 7,000 Calculate the total cost per component associated with using Parable Company as the supplier. (Note: Round the activity rates to the nearest dollar and the cost per component to two decimal places.) a. $15.74 Ob. $67.24 c. $78.92 d. $12.45 8628