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Gelb Company currently manufactures 60,000 units per year of a key component for its manufacturing process Variable costs are $4.05 per unit, foed costs related

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Gelb Company currently manufactures 60,000 units per year of a key component for its manufacturing process Variable costs are $4.05 per unit, foed costs related to making this component are $87,000 per year, and allocated foxed costs are $63,500 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 $370 per unit Calculate the total incremental cost of making 60,000 units and buying 60,000 units. Should it continue to manufacture the component or should it buy this component from the outside supplier k 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 60,000 units. (Round "variable cost per unit" answers to 2 decimal places.) Incremental Costs to Make Relevant Amount per Relevant Total Relevant Unit Fixed Costs Costs Variable cost per unit $ 4.05 $ 352,350 Fixed manufacturing costs 5 87,000 87,000 Total incremental cost to make $ 439,350 COM Costs to Buy > Gelb Company currently manufactures 60,000 units per year of a key component for its manufacturing process. Variable costs are $4.05 per unit, fixed costs related to making this component are $87,000 per year, and allocated fixed costs are $63,500 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 $3.70 per unit Calculate the total incremental cost of making 60,000 units and buying 60,000 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. Costs to Make Couts to Buy Outside Supplier Calculate the total incremental cost of buying 60,000 units. (Round "purchase price per unit" answers to 2 decimal places.) Incremental Costs to Buy Relevant Amount per Relevant Unit Fixed Costs Purchase price per unit Total incremental cost to buy Total Relevant Costs

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