Each year, Giada Company produces 17,000 units of a component part used in tablet computers. An outside supplier has offered to supply the part for $1.25. The unit cost is: Required: 2. Assume that none of the fixed cost is avoldable. Lst the relevant cost(s) of internal production. Direct materials, diroct labor and variable overhead 7 List the relevant cost(s) of external purchase. 3. Which alternative is more cost effective and by how much? 4. What if $19,760 of fixed overhead is rental of equipment used only in production of the component that can be avoided if the component is purchased? Which alternative is more cost effective and by how much? by $