I would like help on problems 1 and 2, 1 being the amount saved if continuing to buy instead of make and 2 being the amount saved to make instead of buy.

X Company currently buys a part from a supplier for $12.54 per unit but is considering making the part itself next year. This year, they purchased 3,200 units of this part: next year, they think they will need 3,500 units. Estimated costs to make the part are: Per-Unit Total Direct materials $3.25 $10,400 Direct labor 4.2? 13,664 Variable overhead 2.?0 8,640 Fixed overhead 4.30 13,260 Total $14.52 $46,464 Of the estimated fixed overhead, $6,192 are common costs that would be allocated to the part; the rest would be additional fixed overhead costs. X Company currently rents unused factory spaoe for $2,200; it will have to use this space to make the part. If 3-: Company continues to buy the part instead of making it, it will save Submit Answer Tries 015 X Company currently makes a part and is considering buying it next year from a company that has offered to supply it for $16.33 per unit. This year, total costs to produce 59,000 units were: Direct materials $330,400 Direct labor 259,600 Overhead 336,300 Of the overhead costs, $?0,800 were fixed, and $50,268 of these fixed overhead costs are unavoidable even if it Company buys the part. Production next year Is not expected to change. If X Company continues to make the part Instead of buying It, it will save Submit Answer Tries 0/5