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P7.49B (LO 2, 3) The management of Dunham Manufacturing Company has asked for your help in deciding whether to continue manufacturing a part or to

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P7.49B (LO 2, 3) The management of Dunham Manufacturing Company has asked for your help in deciding whether to continue manufacturing a part or to buy it from an outside supplier. The part, called Tropica, is a component of Dunham's finished product.An analysis of the accounting recOrds and the production data revealed the following information for the year ending December 31, 2020: 1. 2. The machinery department produced 40, 000 units of Tropica. . Each Tropica unit requires 15 minutes to produce. Three people in the machinery department work full- time (2,500 hours pei yeai each) producing Tropica. Each person is paid $15 per hour The cost of materials per Tropica unit is $3. Manufacturing costs directly applicable to the production of Tropica are as follows: indirect labour, . $6,000; utilities, $1,500; depreciation, $2,000; property taxes and insurance, $2,000. All of the costs will be eliminated if the company purchases Tropica. . The lowest price for Tropica from an outside supplier is $6 per unit. Freight charges would be $0.50 per unit, and the company would require a part-time receiving clerk at $10,000 per year. If it purchases Tropica, Dunham will use the excess space that becomes available to store its ne ished product. Currently, Dunham rents storage space at approximately $1.50 per unit stored per year. It stores approximately 6,000 units per year in the rented space. Instructions 3. Prepare an incremental analysis for the riiaireorbuy decision. Should Dunham make or buy the b. Prepare an incremental analysis. 9%er part? Why? the released facilities (freed-up space) can be used to produce $15,000 of net income in ittimam in the savings on the rental of storage space. What deci- sion should the company make new? c. What nonnancial factors should it consider in the decision

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