Last year Cricket Mania Ltd (CML) incurred the following costs to produce 25,000 cricket bats. a) CML expects demand for cricket bats to grow to 27,000 next year. Using the table below calculate the cost to make and the cost to buy (outsource) 27,000 cricket bats from LGB? 3 marks $ 50,000 s 75,000 Costs Make Buy Direct materials Direct production labour Variable production overhead Fixed production overhead Total production costs $ 40,000 $ 60,000 $ 225,000 Lets Go Batty (LGB) specialises in manufacturing cricket bats and has offered to supply CML cricket bats at $7.00 per unit. An analysis of the overhead costs has identified that if production of the cricket bats are outsourced CML would eliminate $10,000 of fixed costs, and could use the released production capacity to generate additional income of $20,000 Total Costs indifference b) Based on your calculations above, determine the point Show your calculations. 1 mark b) Do you think CML should accept LGB's offer? Justify your response by drawing on your quantitative results above as well as providing two qualitative factors that support your answer. Type your response directly into the text box below. 3 marks