Question: Needing assistance in excel computing and entering correctly in the yellow spaces for this practice problem. 2 5 10 FILE Prepare a make or buy

2 5 10 FILE Prepare a make or buy analysis - Excel FORMULAS DATA REVIEW HOME INSERT PAGE LAYOUT VIEW Sign in Calibri - 11 aste BIU. - A A % M Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles Styles f Alanco, Inc. manufactures a variety of products and is currently maunfacturing all Font Clipboard Ai X 1 4 6 B D E F G H Alanco, Ind manufactures a variety of products and is currently maunfacturing all of its own component parts. 2 An outside supplier has offered to sell one of those components to Alanco. To evaluate this offer, the following 3 information has been gathered relating to the cost of producing the component internally: 5 Direct materials $ 4.00 Direct labor 6.00 7 Variable manufacturing overhead 2.00 Fixed manufacturing overhead, traceable 5.00 Fixed manufacturing overhead, common but allocated 25.00 11 12 Supplier price $ 13 21.00 8 9 10 Total cost 8.00 S 14 Units used per year 15 12,000 16 Faed manufacturing overhead, traceable is composed of two items: 17 Depreciation of equipment (no resale value) 18 Supervisor salary 3096 70% Prev ab Excel Problem Saved LU FUN Style A1 Alanco, Inc, manufactures a variety of products and is currently maunfacturing all B D E F G H 15 16 Fixed manufacturing overhead, traceable is composed of two items: 17 Depreciation of equipment (no resale value) 30% 18 Supervisor salary 70% 19 20 1. Assuming the company has no alternative use for the facilities now being used to produce the 21 component, complete the following analysis to determine if the outside supplier's offer should be accepted. 22 23 Per Unit Differential Cost 12,000 units 24 Make Buy Make Buy 25 26 Cost of purchasing 21.00 $ 252.000 27 Direct materials 28 Direct labor 29 Variable manufacturing overhead 30 Fixed manufacturing overhead, traceable 31 Fixed manufacturing overhead, common 32 Total costs 33 34 Based on this analysis, write an if statement to determine if Alanco should make or buy the component. 36 37 Alanco should the component Sheet1
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