Sharp Corporation products 8,000 parts each year, which are used in the production of one of its products. The unit product cost of the part is $36, computed as follows: Variable production cost $ 16 Fixed production cost $ 20 Total product cost $ 36 The parts can be purchased from an outside supplier for only $28 each. The space in which the parts are now produced would be idle and fixed production costs would be reduced by one-fourth. Based on these data, what would be the financial advantage (disadvantage) of purchasing the parts from the outside supplier? Show your work to receive credit