charge Olive Terrace $1.78 per loaf. 1. What is the absorption cost of making the bread in-house? What is the variable cost per loaf? 2. Should Olive Terrace bake the bread in-house or buy from the local bakery? Why? 3. In addition to the financial analysis, what else should Olive Terrace consider when making this decision? 1. What is the absorption cost of making the bread in-house? What is the variable cost per loaf