removal of multiple useMemo & useCallbacks to reduce the over optimization

[BChoudhury-ms]

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There was the below comment to remove useMemo & useCallback to remove the over optimization
#2241 (comment)

I think useCallback here is using more resources than it's saving. You should probably only use useCallback (or useMemo) if either A) you're making a call over the wire and want to cache the result for future renders or B) using it noticeably improves performance of the page (which is almost never the case).
See https://kentcdodds.com/blog/usememo-and-usecallback