Exercise 20-08 a Innova uses 1,000 units of the component IMC2 every month to manufacture one of its products. The unit costs incurred to manufacture the component are as follows. Direct materials $57.98 Direct labor 38.02 Overhead 126.50 Total $222.50 Overhead costs include variable material handing costs of $7.50, which are applied to products on the basis of direct material costs. The remainder of the overhead costs are applied % A vendor has offered to supply the IMC2 component at a price of $210 per unit. Prepare the incremental analysis for the decision to make or buy IMC2. (Round answers to 2 decimal places, e.g. 12.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) (a) Prepare the incremental analysis for the decision to make or buy IMCZ. (Round answers to 2 decimal places, e.g. 12.25. Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.o. (45).) Make IMC2 (per unit) Buy IMC2 (per unit) Net Income Increase (Decrease) Direct material Direct labor Material handling Variable overhead Purchase price Total unit cost Should Innova purchase the component from the outside vendor if Innova's capacity remains idle? Click if you would like to show Work for this question: Seen Show Work