Problem 3 The Lexington Company produces gas grills. This year's expected production is #40,000 grills and each grill requires a side burner. Currently Lexington makes the side burners for its grills. Lexington's management accountant reports the following costs of making #40,000 side burners; Cost per Unit Costs for #40,000 Units Direct materials $8.00 $320,000 Direct labor 6.00 240,000 Rent on machine used for production of side burners .50 20,000 Allocation of fixed costs of plant administration 2.00 80,000 Total costs $16.50 $660,000 Lexington has received an offer from an outside vendor to supply side burners at $15.00 per burner. Required; a. Prepare an analysis of Lexington's relevant costs of producing the side burners and the costs of buying the side burners from the outside supplier. b. Should Lexington continue producing the side burners or instead buy them from the outside vendor