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Please answer this question correctly, thanks I will leave a like! Crane Manufacturing Company Inc. uses 640 units of Part #4317 each year in the
Please answer this question correctly, thanks I will leave a like!
Crane Manufacturing Company Inc. uses 640 units of Part \#4317 each year in the manufacture of one of its products. The company currently produces the part internally, but an outside supplier has offered to provide the part at a price of $100 per part. If Crane chooses to purchase the part from the outside supplier, one third of it's the fixed manufacturing overhead will be eliminated. The company's standard unit cost of producing the part is listed below. Ignoring qualitative factors, should Crane continue to make the parts internally or purchase them from the outside supplier? Crane continue to make the part Step by Step Solution
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