Island Fruit Company sells premium quality oranges and other citrus fruits by mail order. Protecting the fruit during shipping is important so the company has designed and produces shipping boxes. The annual cost to make 70,000 boxes is (Click the icon to view the costs.) Therefore, the cost per box averages $2.71. Suppose Nelson Container submits a bid to supply Island with boxes for $2.31 per box. Island must give Nelson Container the box design specifications, and the boxes will be made according to those specs. Read the requirements. Requirement 1. How much, if any, would Island save by buying the boxes from Nelson Container? Assume all fixed costs are unavoidable. Begin by completing the table below to determine the total relevant costs of making the boxes versus purchasing the boxes from Nelson Container. (Only complete the necessary answer boxes.) Make Buy Island Fruit Company sells premium quality oranges and other citrus fruits by mail order. Protecting the fruit during shipping is important so the company has designed and produces shipping boxes. The annual cost to make 70,000 boxes is (Click the icon to view the costs.) Therefore, the cost per box averages $2.71. Suppose Nelson Container submits a bid to supply Island with boxes for $2.31 per box. Island must give Nelson Container the box design specifications, and the boxes will be made according to those specs. Read the requirements. Duyuruy compiutinry HTC LUVIU VIVW ULUITTITULU LULUI TUUvui vuol VI TIUNE VUAWO vurous pui luonny LIU NUANTUM TIDUIT VOI TUNTUI. Vily vomTPIUL CU necessary answer boxes.) Make Buy Total relevant costs Island Fruit Company sells premium quality oranges and other citrus fruits by mail order. Protecting the fruit during shipping is important so the company has designed and produces shipping boxes. The annual cost to make 70,000 boxes is (Click the icon to view the costs.) i X Data Table Therefore, the cost per box averages $2.71. Suppose for $2.31 per box. Island must give Nelson Container the box design specifications, and the boxes will be m Read the requirements. Duy oy vormpiny U Luviu VUIUW I UULITATTU LITU necessary answer boxes.) Materials 101,500 . Labor 17,500 M Indirect manufacturing costs Variable 11,900 58,800 Fixed $ 189,700 Total Total relevant costs Print Done