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10.Gelb Company currently makes a key part for its main product. Making this part incurs...

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Accounting

10.Gelb Company currently makes a key part for its main product. Making this part incurs per unit variable costs of $1.40 for direct materials and $0.95 for direct labor. Incremental overhead to make this part is $1.48 per unit. The company can buy the part for $4.02 per unit.
(a) Prepare a make or buy analysis of costs for this part. (Enter your answers rounded to 2 decimal places.)
(b) Should Gelb make or buy the part?
\table[[(a) Make or Buy Analysis,,],[Direct materials,,],[Direct labor,,],[Overhead,,],[Cost to buy,,],[Cost per unit,,],[Cost difference,,]]
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