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Questions 2 and 3 refer to the following information: X Company is considering b

ID: 2511981 • Letter: Q

Question

Questions 2 and 3 refer to the following information: X Company is considering buying a part next year that they currently make. This year's per-unit production costs for 3,100 units were: Direct labor [all variable] Variable overhead Fixed overhead Total production costs $3.62 3.16 3.50 5.20 $15.48 A company has offered to supply this part for $12.63 per unit. If X Company buys the part, $8,221 of the fixed overhead can be avoided. Also if X Company buys the part, it can use the freed-up resources to increase production of another product, resulting in additional contribution margin of $2,000. Production next year is also expected to be 3,100 units. 2. If X Company buys the part instead of making it, it will save Submit Answer Tries 0/3 3. At what production level would X Company be indifferent between making and buying the part? Submit Answer Tries 0/3

Explanation / Answer

answer:

1

make

Buy

Increase/

decrease

Materials

11222

11222

Direct labor [all variable]

9796

9796

Variable overhead

10850

10850

Fixed overhead

16120

7899

8221

Purchase price

39153

-39153

Total Annual cost

47988

47052

936

Less: opprtunity cost

-2000

2000

Total cost

47988

45052

2936

If X Company buys the part instead of making it, it will save =$2936

______________________________________________

2

Calculation for the X Company be indifferent between making and buying the part

Total cost of making = (3.62+3.16+3.50) xQ + 8221 + 2000

Total cost of buying = $12.63Q

The company will be irrelevant about buying or making the parts when,

Total cost of making = total cost of buying

(3.62+3.16+3.50) xQ + 8221 + 2000= 12.63 Q

11.28 Q+10221 =12.63Q

2.35Q=10221

Q=10221/2.35

Q=4349 units

X Company be indifferent between making and buying the part =4349 units

make

Buy

Increase/

decrease

Materials

11222

11222

Direct labor [all variable]

9796

9796

Variable overhead

10850

10850

Fixed overhead

16120

7899

8221

Purchase price

39153

-39153

Total Annual cost

47988

47052

936

Less: opprtunity cost

-2000

2000

Total cost

47988

45052

2936