A contract worth £4,800 is on offer to the company. The following information is relevant: · Labour time would amount to 300 hours · Material Cost would amount to £1,800 · A special component would be required to fulfil this contract. Hunter Limited could manufacture this component at a cost of £150 for material plus 20 hours of labour. Alternatively, the component could be purchased from an outside supplier for £300. If Hunter Limited accept the contract, all labour will have to come from the existing workforce because of the scarcity of the skilled workers required. Advise Hunter Limited whether to make or buy the special component.