Requirements 1. Cool Boards' accountants predict that purchasing the bindings from Witherspoon will enable the company to avoid $2,600 of fixed overhead. Prepare an analysis to show whether Cool Boards should make or buy the bindings. 2. The facilities freed by purchasing bindings from Witherspoon can be used to manufacture another product that will contribute $3,000 to profit. Total fixed costs will be the same as if Cool Boards had produced the bindings. Show which altemative makes the best use of Cool Boards' facilities: (a) make bindings, (b) buy bindings and leave facilities idle, or (c) buy bindings and make another product. Data table Cool Boards manulactures snowboards, Its cost of making 1,700 bndings is as folow: (Cick the icon to view the costs) Suppose Witherspoon wl sel binding to Cool Boards for $13 oach. Cool Boards would pay $2 per unit to transport the bindings to its manulacturing plant, where it would add its ow logo at a cost of 5060 per binding Requirement 1. Cool Boards' accountarts predict that purchasing the bondngs from Watherspoon will erable the compary to avoid S2, 600 of fixed overhead. Prepare an armilysis to show whether Cool Boards should make or biy the bindings. (Orly erter the net relevart costs. For the Ditference column ise a minis sign ar parenthesens arby when the coor of butsourcirg exiceeds the eost of inaking the tindings in house ) outsourcing exceeds the cost or making the bindings in-house.)