Copperhead is considering outsourcing the production of a security camera. The company has located a vendor who will produce and sell the component to Copperhead at a cost of $41 per unit. Initially, the area used for the production would be left idle if the component is outsourced. The following are the costs that Copperhead incurs in producing the component Direct materials $27 per unit Direct manufacturing labor $9 per unit Variable manufacturing overhead $4 per unit Fixed overhead $600,000 (25% is avoidable if production is outsourced) Copper Head expects to sell 600,000 units next year at a price of $60 per unit. CopperHead's capacity is also 600,000 units. Ignore income taxes. 1. Should CopperHead outsource the production Provide quantitative analysis supporting your answer. 2. What is maximum price that CopperHead would be willing to pay for the component? 3. CopperHead believes that they would be able to sell 750,000 units at $60 per unit and the vendor indicated that they can provide up to 750,000 units next year. The company must either produce the component or outsource it la combination of the two is not possible). How does this affect your answer to a. above? 4. Assume that CopperHead can use the idle space to produce and sell another product, Part z if the production of the security camera is outsourced Management estimates that 220,000 units of Part Z can be produced next year and then be sold for $10 per unit. The estimated costs to produce 220,000 units of Part Z are $1.839.000. How does this affect your answer to a above