Question: During 2 0 2 1 , it cost Oriole, Inc. $ 1 6 per unit to produce part T 5 . During 2 0 2

During 2021, it cost Oriole, Inc. $16 per unit to produce part T5. During 2022, it has increased to $19 per unit. In 2022, Crane Company has offered to provide Part T5 for $8 per unit to Oriole. As it pertains to the make-or-buy decision, which statement is true?
Select answer from the options below
Differential costs are $11 per unit.
Incremental costs are $8 per unit.
Incremental revenues are $3 per unit.
Net relevant costs are $8 per unit.

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