s #1 - #16 Multip X 202023F%20-%20ACC315-4.pdf n to your acco... ChatGPT 3/6 L 7100UTV 100% + Question #1 (10 Marks) For the year ended December 31, 2023, LANAMUR Company manufactured the required 7,000 units of a component part that is used in its finished product. To produce these component parts, the company incurred the following costs for 2023: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Bard $ 75,000 20,000 25,000 40.000 $ 160,000 The purchasing department has found that it can purchase all 7,000 units of the same component part from an outside supplier for $20 per unit. The fixed manufacturing overhead includes $25,000 pertaining to the production manager's annual salary. If the parts are purchased, the production manager's job will be eliminated. The balance of the fixed manufacturing overhead costs will not be eliminated if the component part is purchased. If the part is outsourced, a new position will be created to operate the forklift to unload