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Daily Kneads, Inc., is considering outsourcing one of its many products rather than making it internally. The supplier will charge $20,000 for 20,000 pounds of

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Daily Kneads, Inc., is considering outsourcing one of its many products rather than making it internally. The supplier will charge $20,000 for 20,000 pounds of the product. The costs per pound to make this product include: Cost per Pound Direct Labor $0.50 Direct Materials $0.40 Allocated Corporate Overhead $0.80 Calculate the incremental savings (or loss) per pound if the company outsources the product. If the company will lose money per pound by outsourcing, enter your answer with a negative sign" (not parentheses)

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