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Fill in the blank and explain in details Question 3 of 6 /1 !!! View Policies Current Attempt in Progress Oriole Company must decide whether

Fill in the blank and explain in details

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Question 3 of 6 /1 !!! View Policies Current Attempt in Progress Oriole Company must decide whether to make or buy some of its components. The costs of producing 63,800 switches for its generators are as follows. Direct materials $ 29,100 Variable overhead $ 44,800 Direct labor $ 40,462 Fixed overhead $ 76,400 Instead of making the switches at an average cost of $ 2.99 ($ 190,762 + 63,800), the company has an opportunity to buy the switches at $ 2.70 per unit. If the company purchases the switches, all the variable costs and one-fourth of the fixed costs will be eliminated Prepare an incremental analysis showing whether the company should make or buy the switches. (Enter negative amounts using either a negative sign preceding the number e g. -45 or parentheses e.g. (45).) Net Income Make Buy Increase (Decrease) Direct materials Direct labor Variable manufacturing costs Fixed manufacturing costs Purchase price Total cost of additional costs if it the switches. Oriole Company will incur $

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