A cоrpоrаtiоn uses pаrt XX70 in one of its products. The compаny's Accounting Department reports the following costs of producing the 8,000 units of the part that are needed every year. Per unitDirect materials $7.40Direct labor $5.10Variable overhead $8.90Supervisor's salary $3.50Depreciation of special equipment $2.50Allocated general overhead $1.50An outside supplier has offered to make the part and sell it to the company for $27.60 each.If this offer is accepted, the supervisor's salary and all of the variable costs, including direct labor, can be avoided. The special equipment used to make the part was purchased many years ago and has no salvage value or other use. The allocated general overhead represents fixed costs of the entire company. If the outside supplier's offer were accepted, only $3,000 of these allocated general overhead costs would be avoided. In addition, the space used to produce part XX70 could be used to make more of one of the company's other products, generating an additional segment margin of $16,000 per year for that product.a. Prepare a report that shows the financial impact of buying part XX70 from the supplier rather than continuing to make it inside the company. Use 2 columns or 2 separate rows of costs and bold your final answer for both the make and buy calculations when you have finished.b. Which alternative should the company choose? Label the answer b. so your decision can be easily seen.