Problem#2-Makevs. Buy Toyota Motors is deciding whether to continue manufacturing the batteries for their best selling Prius. Here are the manufacturing costs: 1. 100,000 batteries were produced by the assembly department 2. Variable manufacturing costs for each battery were: Direct Materials Direct Labor Indirect Labor Variable Utilities Indirect Materials $280 250 51 8 26 3. Fixed manufacturing costs were: Depreciation $2,000,000 Property Taxes 500,000 Fixed Utilities Supervision Insurance 60,000 180,000 50,000 4. If Toyota purchases the batteries, they can avoid 40% of insurance costs. 5" Fixed Utilities will continue at 70% of current levels and Variable Utilities will continue at 10% of current levels. 6. The lowest quote from the supplier was $620 per battery. 7. If the batteries are purchased, incoming shipping charges would be $10 per unit. 8. There would be an additional $10,000 incurred by Toyota's receiving department and $20,000 by the purchasing department Toyota can use this extra factory space to manufacture another product that would generate $10,000,000 in revenue, but use $7,000,000 of expenses. 9. Instructions: a. Determine whether Toyota should make the batteries or buy the batteries. Create two columns - Make and Buy. List each expense like we did in the practice. Paste this table into a Word document and make a decision. b. What non-financial factors should management consider in making its decision