Concord Racers makes bicycles. It has always purchased its bicycle tires from the Blossom Tires at $24 each but is currently considering making the tires in its own factory. The estimated costs per unit of making the tires are as follows: Direct materials Direct labor Variable manufacturing overhead $8 $5 $7 The company's fixed expenses would increase by $74,000 per year if managers decided to make the tire. (a1) Calculate total relevant cost to make or buy if the company needs 11.400 tires a year. Make Buy $ Total relevant cost (a2) Ignoring qualitative factors, if the company needs 11,400 tires a year, should it continue to purchase them from Balyo or begin to produce them internally? The company to purchase the tires. should not continue should continue e Textbook air Save for Later Attempts: 0 of 12 used Submit