the anawers that I submitted are wrong. please help

A decision about whether to make or buy the drums is especially important at this time because the equipment being used to make the drums is completely worn out and must be replaced. The choices facing the company are: Alternative 1 Rent new equipment and continue to make the drums. The equipment would be rented for $175,500 per year Alternative 2: Purchase the drums from an outside supplier at $18 per drum. The new equipment would be more efficient than the equipment that Antilles Refining has been using and, according to the manufacturer, would reduce direct labor and variable overhead costs by 30%. The old equipment has no resale value. Supervision cost ($58,500 per year) and direct materials cost per drum would not be affected by the new equipment. The new equipment's capacity would be 225,000 drums per year. The company's total general company overhead would be unaffected by this decision Required: 1. Assuming that 65,000 drums are needed each year, what is the financial advantage (disadvantage) of buying the drums from an outside supplier? 2. Assuming that 195,000 drums are needed each year, what is the financial advantage (disadvantage) of buying the drums from an outside supplier? 3. Assuming that 225,000 drums are needed each year, what is the financial advantage (disadvantage) of buying the drums from an outside supplier? (For all requirements, enter any disadvantages" as a negative value. Do not round Intermediate calculations.) Answer is complete but not entirely correct. Production Needs Financial Advantage (Disadvantage) of Buying the Drums 331.500 X 526,500 x $ 571.500 X 65,000 195.000 225.000 drums drums drums "roblem 11-28 Make or Buy Decisions (LO11-3] In my opinion, we ought to stop making our own drums and accept that outside supp director of Antilles Refining, N.V., of Aruba. "At a price of $18 per drum, we would be pi the drums in our own plant. Since we use 65,000 drums a year, that would be an annu current cost to manufacture one drum is given below (based on 65,000 drums per yea $10.50 7.50 1.50 Direct materials Direct labor Variable overhead Fixed overhead ($2.60 general company overhead, $1.65 depreciation, and $0.90 supervision) Total cost per drum 5.15 $24.65 A decision about whether to make or buy the drums is especially important at this time b the drums is completely worn out and must be replaced. The choices facing the company Alternative 1: Rent new equipment and continue to make the drums. The equipment woulr Alternative 2: Purchase the drums from an outside supplier at $18 per drum. ild be more efficient than the equipment that Antilles Refining has manufacturer, would reduce direct labor and variable overhead costs by 30%. The old equ ($58,500 per year) and direct materials cost per drum would not be affected by the new e would be 225,000 drums per year. The company's total general company overhead would be unaffected by this decision. Required: 1. Assuming that 65,000 drums are needed each year, what is the financial advantage (disa outside supplier? 2. Assuming that 195,000 drums are needed each year, what is the financial advantage (dis outside supplier? 3. Assuming that 225.000 drums are needed each vear, what is the financial advantage (dis