At Gems in the Rough, a jewelry company, the engraving department is a bottleneck. The company is considering hiring an extra worker, whose salary will be $57,000 per year, to ease the problem. Using the extra worker, the company will be able to engrave 8,000 more units per year. The selling price per unit is $16.00. The cost per unit currently is $11.80 as shown: Direct material $4.50 Direct labor 2.10 Variable overhead 1.45 Fixed overhead (primarily depreciation of equipment) 3.75 Total $11.80 What is the annual financial impact of hiring the extra worker for the bottleneck process? 23,400 X Profit increased