Data needed for this analysis: Cost per component Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead, traceable* Fixed manufacturing overhead, common but allocated Total cost $15 31.00 $ Supplier cost per component $22 Units used per year 16,000 *Fixed manufacturing overhead, traceable is composed of two items: Depreciation of equipment (no resale value) Supervisor salary 30% 70% 1. Assuming the company has no alternative use of the facilities now being used to produce the component, complete the following analysis to determine if the outside supplier's offer should be accepted. Calculate the per unit differential cost as well as the total cost to make or buy the component. Indicate below the analsis if you should "make" or "buy" the component. Total Cost for total units used Per Unit Differential Cost Total Units: 16000 Make Buy Make Cost of purchasing Buy Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead, traceable* Fixed manufacturing overhead, common but allocated Total cost Based on this analysis, indicate below if the company should make or buy the component ABC, Inc. should the component