Queen of Soul Company manufactured 6,000 units of a component part that is used in its product and incurred the following costs: Direct materials $47,000 Direct labor 21,000 Variable manufacturing overhead 30,000 Fixed manufacturing overhead 24,000 $122,000 Another company has offered to sell the same component part to the company for $19 per unit. The fixed manufacturing overhead consists mainly of depreciation on the equipment used to manufacture the part and would not be reduced if the component part was purchased from the outside firm. If the component part is purchased from the outside firm, Queen of Soul Company has the opportunity to use the factory equipment to produce another product which is estimated to have a contribution margin of $21,000. Instructions: Answer each of the following questions. Round each answer to the nearest dollar. 1. What is the total relevant cost to make the component part? 2. What is the total relevant cost to buy the component part? 3. Based on the cost analysis, shoudl Queen of Soul Company make or buy the part? Type the word "Make" or "Buy