QS 23-7 Make or buy LO P1 Xia Co. currently buys a component part for $8 per unit. Xla believes that making the part would require $115 per unit of direct materials and $115 per unit of direct labor. Xia allocates overhead using a predetermined overhead tate of 220% of direct labor cost. Xia estimates an incremental overhead rate of $0.70 per unit to make the part 1-a. What are the relevant costs for Xia to make or buy the part? 1-5. Should Xia make or buy the part? Complete this question by entering your answers in the tabs below. Required IA Required 10 What are the relevant costs for Xin to make or buy the party (Round your answers to 2 decimal places.) Per Unit Make Buy QS 23-7 Make or buy LO P1 Xia Co. currently buys a component part for $8 per unit. Xia believes that making the part would require $4.15 per unit of direct materials and $115 per unit of direct labor. Xia allocates overhead using a predetermined overhead rate of 220% of direct labor cost Xla estimates an incremental overhead rate of $0.70 per unit to make the part. 1-a. What are the relevant costs for Xia to make or buy the part? 1-5. Should Xia make or buy the part? Complete this question by entering your answers in the tabs below. Required A Required 10 Should Xin make or buy the part? Should Xa make or by the part?