Outdoor Life manufactures snowboards. Its cost of making 1,800 bindings is as follows: (Click the icon to view the costs.) Suppose Monroe will sell bindings to Outdoor Life for S12 each. Outdoor Life would pay $2 per unit to transport the bindings to its manufacturing plant, where it would add its own logo at a cost of $0.70 per binding Read the requirements. Requirement 1. Outdoor Life's accountants predict that purchasing the bindings from Monroe will enable the company to avoid $2,300 of fixed overhead. Prepare an analysis to show whether Outdoor Life should make or buy the bindings. (Only enter the net 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.) Make Difference Bindings Binding costs Bindings(Make-Outsource Data Table Variable costs: Direct materials Direct labor Variable overhead $17,520 3,300 2,090 6,600 $ 29,510 Direct materials Direct labor Variable overhead Fixed overhead Total manufacturing costs for 1,800 bindings Fixed costs Purchase price from Monroe Logo Total differential cost of 1,800 bindings Print Done