HugBoot, LLC produces womens designer snow boots. It produces a single boot type in a variety of styles and colors. The budgeted profit and loss statement for the coming year is as follows:

Sales (65,000 units) $15,600,000 Variable costs 8,736,000 Contribution Margin 6,864,000 Fixed costs 4,012,000 Income $2,852,000

Ignoring income taxes, HugBoot has found an outside manufacturer that can produce the boots to the required specifications for only $120 each. However, if HugBoot halts production and purchases the boots from the outside manufacturer, it will only be able to reduce fixed costs by 25%. From a profitability viewpoint, should HugBoot continue to produce the boots, or should they purchase them from the outside manufacturer? Additionally, provide 2 non-numerical reasons why they should and 2 non-numerical reasons why they should not outsource. (5 points 100 words minimum)