Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) in total (not per box) if Silven buys 140,000 boxes of tubes from the outside supplier? Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) per box of Chap-Off if Silven buys its tubes from the outside supplier? (Do not round intermediste calculations. Round your answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. If Silven buys its tubes from the outside supplier, how much of its own Chap-Off manufacturing costs per box will it be able to avoid? (Hint: You need to separate the manufacturing overhead of $1.60 per box that is shown above into its variable and fxed components to derive the correct answer.) (Do not round intermediate calculations. Round your answer to 2 decimal ploces.) Complete this question by entering your answers in the tabs below. Refer to the data in Required 6. Assume that the outside supplier will accept an order of any size for the tubes at a price of $1.20 per box. How many boxes of tubes should Silven make? How many boxes of tubes should it buy from the outside supplier? (Round your Intermediate calculations to 2 decimal places.) Complete this question by entering your answers in the tabs below. What is the maximum price that Silven should be willing to pay the outside supplier for a box of 24 tubes? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. Instead of sales of 140,000 boxes of tubes, revised estimates show a sales volume of 173,000 boxes of tubes. At this highe sales volume, silven would need to rent extra equipment at a cost of $53,000 per year to make the additional 33,000 boxes of tubes. Assuming that the outside supplier will not accept an order for less than 173,000 boxes of tubes, what is the Anancial advantage (disadvantage) in total (not per box) if Silven buys 173,000 boxes of tubes from the outside supplier? Given this new information, should silven Industries make or buy the tubes? Problem 13-23 (Algo) Make or Buy Decision [LO13-3] Siven Indistries, which manufoctures and sells a highly successful line of summer lotions and insect repellents, has decided to diversify in order to stabilize soles throughout the year. A natural area for the company to consider is the production of winter lotions and creams to prevent dry and chapped skin. After considerable research, a winter products line has been developed. Howover, Silven's president has decided to introduce only one of the new products for this coming winter. If the product is a success, further expansion in future years will be initiated The product selected (called Chap-OII) is a lip baim that will be soid in a fipstick-type tube. The product will be sold to wholesalers in bomes of 24 tubes for $8 per box, Because of excess capacity, no additional fixed manufacturing ovethead costs will be incurred to produce the product. However, 0$112,000 charge for fioed manufacturing overhead will be absorbed by the product under the compeny's absorption costing system. Using the estimated sales and production of 140,000 boxes of Chap-Ort the Accounting Department has developed the following manufacturing cost per box: The costs above relate to making both the lip balm and the tube that contains it. As an alternative to making the tubes for Chap-OIf, Silven has approached a supplier to discuss the possibaity of buying the fubes. The purchase price of the supplier's empty tubes would be $1.20 per box of 24 tubes. If Silven Industries stops making the tubes and buys them from the outside supplier, its direct. Labor and variable manufacturing overhead costs per box of Chap. Iff would be reduced by 10% and its direct materials costs would be Required: 1. If Siven buys its tubes from the outside supplier, how much of its own Chap. Off manufacturing costs per box will it be able to avoid? (Hint You need to separate the manufacturing overhead of 5160 per box that is shown above into its yarlable and fixed components to derive the correct answer.) 2. What is the financial advantage (disadvantage) per box of Chap-orf if Siven buys its tubes from the outside supplier? 3. What is the financlat advantage (disadvantage) in total fnot per box) if Silven buys 140,000 bowes of tubes from the outside supplier? 4. Should Siven Industries make or buy the tubes? 5. What is the maximum price that Siven should be willing to pay the outside supplier for a box of 24 tubes? 6. Instead of sales of 140,000 boves of tibes, revised estimates show a sales volume of 173,000 boxes of tubes, At this higher sales wolume, Sitven would need to rent extra equpment at a cost of $53,000 per yoar to make the additional 33,000 boxes of tubes Assuming that the outside supplier will not occept an order for les5 than 173,000 bowes of tubes, whint is the financiat advantege (ditadvamage) in total (not per box) if Silven buys 173,000 boxes of tubes from the outs lde supplier? Given this new infocmation, should Siven Industries make or buy the tubes? 7. Reter to the doto in Required 6. Assume that the outside supplier will acsept an order of any size for the tubes at a price of $1.20 per box. How many boses of tubes should siven make? How many boxes of tubes should it bary from the outside suppller