Case Study $$ Supreme Inc.You have just joined the Supreme Company as a financial analyst, reporting to the Controller. Basedupon your recent business education at Humber, which included a wide range of subject areas, yournew boss has asked you to help her review the recent changes in the manufacturing area.Until recently, the company had offered only a limited number of standard electric motors for sale.They had purchased raw materials and the lowest level components, but produced most of thesubassemblies and all of the finished products in their own plant. The company$$s profitability haddeclined over the years and marketing believed that customers needed both more variety of product andlower prices. In early $2022,$ the manufacturing division had been assigned the task of recommendingchanges to accomplish this dual goal of increasing variety and reducing costs.