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Wild Ride manufactures snowboards. Its cost of making 1,700 bindings is as follows: E (Click the icon to view the costs.) Suppose Lancaster will sell bindings to Wild Ride for $13 each. Wild Ride would pay $3 per unit to transport the bindings to its manufacturing plant, where it would add its own logo at a cost of $0.50 per binding. Read the requirements Requirement 1. Wild Ride's accountants predict that purchasing the bindings from Lancaster will enable the company to avoid $1,900 of fixed overhead. Prepare an analysis to show whether Wild Ride should make or buy the bindings. relevant costs. For the Difference column, use a minus sign or parentheses only when the cost of outsourcing exceeds the cost of making the bindings in-house.) A Requirements Data Table $ 1. Wild Ride's accountants predict that purchasing the bindings from Lancaster will enable the company to avoid $1,900 of fixed overhead. Prepare an analysis to show whether Wild Ride should make or buy the bindings. 2. The facilities freed by purchasing bindings from Lancaster can be used to manufacture another product that will contribute $2,600 to profit. Total fixed costs will be the same as if Wild Ride had produced the bindings. Show which alternative makes the best use of Wild Ride's facilities: (a) make bindings, (b) buy bindings and leave facilities idle, or (C) buy bindings and make another product. Direct materials Direct labor Variable overhead 17,550 2,800 2,120 6,800 29,270 Fixed overhead Total manufacturing costs for 1,700 bindings Print Done Print Done E ur L is it is eive ris G ay . Requirement 2. The facilities freed by purchasing bindings from Lancaster can be used to manufacture another product that will contribute $2,600 to profit. Total fixed costs will be the same as if Wild Ride had produced the bindings. Show which alternative makes the best use of Wild Ride's facilities. (Only enter the net relevant costs. Enter all costs as positive values. Use a minus sign or parentheses for decreases to net costs.) Outsource Rindings