Suppose that a manufacturer can produce a part for $11.00 with a fixed cost of $7,000. Alternately, the manufacturer could contract with a supplier in Asia to purchase the part at a cost of $15.00, which includes transportation. a. If the anticipated production volume is 1,000 units, compute the total cost of manufacturing and the total cost of outsourcing. b. What is the best decision? a. The total cost of manufacturing is $ (Simplify your answer.) The total cost of outsourcing is $ (Simplify your answer.) b. The best decision is the because it has the higher fixed cost. lower total cost. higher variable cost. lower variable cost. higher total cost