E APP Direct M Name Grade 36. Concierge Industries manufactures 40.000 components per year. The manufacturing costo the components was determined as follows: (15 Points) Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total $ 75,000 120,000 45,000 60.000 $300,000 An outside supplier has offered to sell the component for $12.75. What is the effect on income if Concierge Industries purchases the component from the outside upplier