Company XYZ manufactures cars, as well as many of the components used in the car, including the radio. At an annual production level of 25,000 units, this is the per unit cost data Company XYZ gathered regarding its production of radios: Cost Cost per unit Direct materials $6.50 Direct labor $9.00 Variable manufacturing overhead $3.00 Equipment depreciation $4.00 Allocated common fixed expenses $5.00 Total cost: $27.50 An outside supplier who specializes in consumer electronics has offered to sell the 25,000 radios to Company XYZ for $23 per unit. If it accepts this offer, the company will still have the equipment currently used to produce radios; however, it could use that freed-up capacity to produce a new part for the car. This new part would increase both the selling price per unit by $110 and the variable cost per unit by $95. It would also require an investment of $350,000 in additional machinery to produce the new part. Required (show all work): (a) Provide an analysis that clearly compares Company XYZ's annual cost of buying the radios from the outside supplier versus manufacturing them internally. (b) Should Company XYZ make the radios internally or buy them from the outside supplier? Why