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Determine whether ABC Company should outsource a production process based on the following information: Particulars In-house ($) Outsourcing ($) Direct Materials $20 $25 Direct Labor
Determine whether ABC Company should outsource a production process based on the following information:
Particulars | In-house ($) | Outsourcing ($) |
Direct Materials | $20 | $25 |
Direct Labor | $15 | $18 |
Variable Overheads | $10 | $12 |
Fixed Costs | $5 | - |
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