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Gelb Company currently manufactures 50,000 units per year of a key component for its manufacturing process. Variable costs are $2.95 per unit, fixed costs related

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Gelb Company currently manufactures 50,000 units per year of a key component for its manufacturing process. Variable costs are $2.95 per unit, fixed costs related to making this component are $73,000 per year, and allocated fixed costs are $65,500 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 $3.90 per unit, Calculate the total incremental cost of making 50,000 and buying 50,000 units. Should It continue to manufacture the component, or should it buy this component from the outside supplier? (Round "purchase price per unit answer to 2 decimal places.) 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 making 50,000 units. (Round variable cont per unit answer to 2 decimal places Total Rolevant Coats Incremental Costs to Make Relevant Relevant Amount per Fixed Coats Unit Variable cost per unit Fixed manufacturing costs Total incremental cost to make Costa la Complete this question by entering your answers in the tabs below. Outside Costs to Make Costs to Buy Supplier Calculate the total tencremental cost of making 50,000 units. (Round variable cost per unit answer to 2. decenial ploods. Incremental Costs to Buy Relevant Ralevant Amount per Total Relevant Fixed Coats Costs Unit Purchase price per unit Total incremental cost to buy (costs to Make Outsider > Gelb Company currently manufactures 50,000 units per year of a key component for its manufacturing process. Variable costs are $2.95 per unit , fixed costs related to making this component are $73,000 per year, and allocated fixed costs are $65,500 per year. The allocated fled costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.90 per unit Calculate the total incremental cost of making 50,000 and buying 50,000 units. Should It continue to manufacture the component, or should it buy this component from the outside supplier? (Round "purchase price per unit answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. Outside Costs to Make Costs to Buy Supplier Should it continue to manufacture the component, or should it buy this component from the outside supplier Should Gelb make the part or purchase it from the outside supplier?

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