Question: Use the data as presented to answer this question: a workshop can manufacture a part for $ 1 2 . 0 0 and the fixed

Use the data as presented to answer this question: a workshop can manufacture a part for $12.00 and the fixed cost is $5,000. As an alternative, the workshop could contract with an external supplier to purchase the part at a cost of $13.00, which includes transportation costs.
a. The workshop's anticipated production volume is 1,400 units. Compute the total cost of manufacturing and the total cost of outsourcing from the external supplier.
b. What is the best decision?
a. The total cost of manufacturing for the workshop is $
The total cost of outsourcing from the external supplier is $
b. The best decision is the because it has the
Use the data as presented to answer this question: a workshop

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