[Round all answers to the nearest cent ($0.00) and/or nearest hundredth percent (0.00%)] [Include your final answers in the text box below - even if answer is on attached working paper] [Upload your working papers in the space provided after each question or all at once after the last question on the exam (e.g. pic, scan, excel file, etc)] Question one of two questions related to the scenario below: Dell currently buys its Pentium Ultra processor chips from Intel for $24 per chip. Dell management feels that processor chips are now a commodity and that they may reap significant savings by making the chip in-house. Dell typically requires 1,000,000 chips each year. It is estimated that direct material for the chip will cost $5 and direct labor will cost $10. Annual fixed costs are expected to increase $5,500,000 if Dell decides to make the chip in-house. In addition to the incremental fixed costs, the corporate office will apply $5 overhead per chip to spread the cost of security and janitorial services (two expenses that exist regardless of Dell's decision). Question #1 - What would you recommend to Dell's management? Why? (Support your answer quantitatively.] Question two of two questions related to the scenario below: Dell currently buys its Pentium Ultra processor chips from Intel for $24 per chip. Dell management feels that processor chips are now a commodity and that they may reap significant savings by making the chip in-house. Dell typically requires 1,000,000 chips each year. It is estimated that direct material for the chip will cost $5 and direct labor will cost $10. Annual fixed costs are expected to increase $5,500,000 if Dell decides to make the chip in-house. In addition to the incremental fixed costs, the corporate office will apply $5 overhead per chip to spread the cost of security and janitorial services (two expenses that exist regardless of Dell's decision). Question #2 - What are two plausible strategic considerations before making the final decision? [Be sure to provide your rationale