Please read the requirements and do those too!

= Homework: CHAPTER M-8 Question 4, PM8-31B (book/static) Part 1 of 4 > HW Score: 0%, 0 of 5 points O Points: 0 of 1 : Save Cold Sports manufactures snowboards. Its cost of making 2,000 bindings is as follows: (Click the icon to view the costs.) Suppose Topnotch will sell bindings to Cold Sports for $15 each. Cold Sports would pay $3 per unit to transport the bindings to its manufacturing plant, where it would add its own logo at a cost of $0.50 per binding. Read the requirements. Requirement 1. Cold Sports' accountants predict that purchasing the bindings from Topnotch will enable the company to avoid $2,300 of fixed overhead. Prepare an analysis to show whether Cold Sports 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.) Outsource Difference Make Bindings Bindings (Make-Outsource) Data table Binding costs Variable costs: Direct materials Direct labor Direct materials $ Variable overhead Direct labor 17,510 2,600 2,060 7,000 Variable overhead Fixed costs Purchase price from Topnotch Transportation Fixed overhead $ 29,170 Total manufacturing costs for 2,000 bindings Logo Total differential cost of 2,000 bindings Print Done - X Requirements 1. Cold Sports' accountants predict that purchasing the bindings from Topnotch will enable the company to avoid $2,300 of fixed overhead. Prepare an analysis to show whether Cold Sports should make or buy the bindings. 2. The facilities freed by purchasing bindings from Topnotch can be used to manufacture another product that will contribute $3,100 to profit. Total fixed costs will be the same as if Cold Sports had produced the bindings. Show which alternative makes the best use of Cold Sports' facilities: (a) make bindings, (b) buy bindings and leave facilities idle, or (c) buy bindings and make another product. Help me solv Clear all Check