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Gelb Company currently manufactures 40,000 units per year of a key component for its manufacturing process. Variable costs are $195 per unit, fixed costs related

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Gelb Company currently manufactures 40,000 units per year of a key component for its manufacturing process. Variable costs are $195 per unit, fixed costs related to making this component are $65,000 per year and allocated fixed costs are $58,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3,50 per unit. Calculate the total incremental cost of making 40,000 units and buying 40,000 units. Should it continue to manufacture the component or should it buy this component from the outside supplier? Complete this question by entering your answers in the tabs below. Outside Costs to Make Costs to Buy Supplier Calculate the total incremental cost of making 40,000 units. (Round "variable cost per unit answer to 2 decimal places:) Incremental Costs to Make Relevant Relevant Total Relevant Amount per Unit Fixed Costs Costs Variable cost per unit Fixed manufacturing costs Total incremental cost to make ce Contato Buy > allocated fixed COSTS component from a supplier for $3,50 per unit Calculate the total incremental cost of making 40,000 units and buying 10,000 units. Should it continue to component, or should it buy this component from the outside supplier? Complete this question by entering your answers in the tabs below. Costs to Make Costs to Buy Outside Supplier Calculate the total incremental cost of buying 40,000 units. (Round "purchase price per unit answer to 2 decim Incremental Costs to Buy Relevant Amount per Relevant Fixed Costs Unit Purchase price per unit Total incremental cost to buy Total Relevant Costs cost of making 40,000 units and buying 40,000 units. Shou component, or should it buy this component from the outside supplier? 50 Complete this question by entering your answers in the tabs below. Costs to Make Costs to Buy Outside Supplier Should it continue to manufacture the component, or should it buy this component from the o Outside Supplier

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