Evaluate relevant costs for a make-or-buy decision.

Option	Make	Buy
Direct Materials	$100,000	-
Direct Labor	$80,000	-
Variable Overhead	$20,000	-
Purchase Cost	-	$250,000
Fixed Costs (Avoidable)	$30,000	$20,000

Requirements:

Calculate the total relevant cost for each option.

Identify and explain the relevant costs in the decision-making process.

Recommend whether the company should make or buy the product based on financial considerations.