(suggested time 6 minutes, 4 marks) Fast Motors manufactured Soo gears that are used in its motors and incurred the following costs Direct materials $ 50,000 Direct labour 19,000 Variable manufacturing overhead 30,000 Fixed manufacturing overhead 20.000 $119.000 A supplier has offered to sell the 500 gears to Fast for $200 each. The fixed manufacturing overhead consists mainly of depreciation on the equipment used to manufacture the part and would not be reduced if the gears were purchased from the outside firm If the gears are purchased from the supplier, Fast has the opportunity to use the factory equipment to produce another product which is estimated to have a contribution margin of $3,000. What should the company do? In this make vs. buy scenario, what are the total relevant costs incurred by the company to make these 500 gears? The incremental income is The incremental income (loss) from buying frames and producing another product is $