Question 8 (6 points) Beta, Inc. produces 100 units of a component part with the following costs: Direct Materials Direct Labor Variable Overhead Fixed Overhead $15,000 6,500 16,000 11,000 One of the company's suppliers has offered to make the components for Beta. The purchase cost of 100 units would be $44,000 $4,000 of the fixed costs can be avoided, if the company purchases the part Should the company make or buy the component? What are the savings associated with that decision? (Remember to show HOW you got your answer)