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Cost to make internally: $8,000; Cost to buy externally: $7,000; Annual demand: 500 units. Requirements : Calculate the total cost of making internally. Determine if

    • Cost to make internally: $8,000; Cost to buy externally: $7,000; Annual demand: 500 units.
    • Requirements:
      • Calculate the total cost of making internally.
      • Determine if the company should make or buy based on cost.

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