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 $14 each Outdoor Life would pay $3 per unit to transport the bindings to its manufacturing plant, where it would add its own logo at a cost of $0.70 per binding Read the requirements Data table Requirement 1. Outdoor Life's accou an analysis to show whether Outdoor parentheses only when the cost of ou 2,100 of fixed overhead. Prepare column, use a minus sign or $ Direct materials Direct labor Variable overhead Fixed overhead Total manufacturing costs for 1,800 bindings 17,550 3,300 2.110 6,400 S Binding costs Variable costs: Direct materials Direct labor Variable overhead Fixed costs Purchase price from Monroe Transportation 29,360 Print Done Next Requirement 1, Outdoor Lid's accountants predict that purchasing the bindings from Montoe will enable the company to avoid $2,100 of foxed overhead. Prepare an analyse 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 on parentheses only when the cost of outsourcing exceeds the cost of making the bindings in-house.) Make Bindings Outsource Bindings Difference (Make-Outsource) Binding costs Variable costs Direct materials Direct labor Variable overhead Fixed costs Purchase price from Monroe Transportation Transportation Logo Total differential cost of 1.800 bindings Should Outdoor Life make or buy the bindings? Decision Requirement 2. The facilities froed by purchasing bindings from Monroe can be used to manufacture another product that will contribute $3,500 to profit. Total faed costs will be the same as it Outdoor Lite had produced the bindings. Show which alternative makes the best use of Outdoor Life's facilities. (Only enter the net puhuvant contentar al costs as positive values. Use a minus sign or parentheses for decreases to not costs.) Outsource Bindings Make Facilities Make New Binding costs Bindings Idle Product Variable Costs - Direct materials Direct labor Variable overhead Fixed costs Purchase price from Monroe Transportation Logo Expected profit from new product Expected net cost of obtaining 1.800 bindings Which alternative makes the best use of Outdoor Life's facilities? Decision Id its own logo al a pad the requirements Direct materials Direct labor Variable overhead Fixed costs Purchase Transport Logo Buy the binding and leave the facilities idle. Expected Buy the binding and use the facilities to make the other product. Expected Make the bindings. Which alte Decision