Cool Bourds manblactures mowboands. hs cost of makng 1,700 bindings in as folows IIH (Cich the igon to virw the coniss) Suppose Lancasler wil sel tindings to Cool Boards for $14 each. Cool Boarde would poy 52 per und th trantpert the bindings 6 ai natufacturng plant where it would asd its own logo at ar coat of $0.70 per binding Read the ceculrementa makeng the bindinge in-house) Shoud Cool Eoards make or buy the bindings? Decision t 1. Cool Boards Data table should make or sign or parenthese indings in-house Requirements 1. Cool Boards' accountants predict that purchasing the bindings from Lancaster will enable the company to avoid $2,300 of fixed overhead. Prepare an analysis to show whether Cool Boards should make or buy the bindings. 2. The facilities freed by purchasing bindings from Lancaster can be used to manufacture another product that will contribute $2,700 to profit. Total fixed costs will be the same as if Cool Boards had produced the bindings. Show which alternative makes the best use of Cool Boards' facilities: (a) make bindings, (b) buy binings and leave facilities idle, or (c) buy bindings and make another product. Cool Joards manutactuet enouboxde. lis cont of making 1,700 bindings is as follows. (Click the ieon to wew the costa.) 5070 per binding or parenthesot for decroases bo net cots )