A firm is evaluating the alternative of manufacturing a part that is currently being outsourced from a supplier. The relevant information is provided below: For in-house manufacturing: For purchasing from supplier: Purchase price per part = $180 a. For this information, use the Break-Even Excel template in MindTap to find the best decision if the demand is 6,000. Round your answers to the nearest dollar. Annual fixed cost = $100,000 Variable cost per part = $140 Total cost of production: $ Total cost of outsourcing: $ The best decision is to manufacture in-house b. Determine the break-even quantity for which the firm would be indifferent between manufacturing the part in-house or outsourcing it. Use the Excel Goal Seek tool. Round your answer to the nearest whole number. 10000 parts 220000 350000

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