Required information

Exercise $4-39$ and $4-40($Algo$)($LO $4-4)$

$[$The following information applies to the questions displayed below.$]$

Harbortown Marine Products $($HMP$)$ manufactures and sells various fixtures for boat cabins. One fixture uses a specialized fitting that is not used in any other HMP product. The management of HMP has considered outsourcing the fitting for several years but has never identified a suitable supplier. HMP has collected the following data on the cost of the fitting:

$\backslash$table$[[$Materials$,$$$6\mathrm{.}65$