(Solved): Maya Company currently buys a component part for \( \$ 5 \) per unit. Maya estimates that making t ...

Maya Company currently buys a component part for \( \$ 5 \) per unit. Maya estimates that making the part would require \( \$ 1.30 \) per unit of direct materials and \( \$ 1.20 \) per unit of direct labor. Maya normally applies overhead using a predetermined overhead rate of \( 210 \% \) of direct labor cost. Maya estimates incremental overhead of \( \$ 0.50 \) per unit to make the part. (a) Prepare a make or buy analysis of costs for this part. (b) Should Maya make or buy the part? Complete this question by entering your answers in the tabs below. Prepare a make or buy analysis of costs for this part. (Round your answers to 2 decimal places.) Should Maya make or buy the part?