SoftMicro Company currently outsources a critical component in one of its products. Soft Micro purchases the switches from another company for $25 each. The company is considering making this component internally at the following projected annual production costs: Unit-level material cost Unit-level labor cost Unit-level overhead Batch-level set-up cost (5,000 units per batch) Product-level supervisory salaries Allocated facility-level costs $ $ $ 30,000 37,500 20,000 The company expects an annual need for 5,000 switches. If the company makes the product, it will have to utilize factory space currently being leased to another company for $2,000 per month. Moreover the $37,500 cost is projected because the company would need to hire an additional supervisor. If the company decides to make the parts, total costs for the year will be: $21,500 more than if the components are purchased. $1,500 more than if the components are purchased. $22,500 less than if the components are purchased. $60,000 less than if the components are purchased