Suzy's Temporary Employee (STE) business, located in a big city, can do an online criminal background check in-house for $1.89 per search with a fixed cost of $31,000. A third-party online security firm offered to a similar security search for $7.00 per person with an annual service contract with STE. If STE's forecast is 2,600 searches next year, should STE continue to the search in-house or accept the third-party offer? Use the Excel template Break-Even to determine the best decision. Round your answer for the breakeven quantity to the nearest whole number and round your answer for the amount of saving/loss to the nearest dollar.

Breakeven quantity: searches

Since the demand forecast of 2,600 searches is -Select-higherlessItem 2 than the breakeven quantity, STE -Select-shouldshould notItem 3 outsource the work. STE -Select-saveslosesItem 4 $ by outsourcing.