Monty Company must decide whether to make or buy some of its components. The costs of producing 64,800 switches for its generators are as follows. Direct materials $30,700 Variable overhead $44,900 Direct labor $34,552 Fixed overhead $83,600 Instead of making the switches at an average cost of $2.99 ($193,752 64,800), the company has an opportunity to buy the switches at $2.75 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. (If amount decreases net income then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Increase (Decrease) Make Buy Direct materials Direct labor Variable manufacturing costs Fixed manufacturing costs Purchase price Total cost Monty Company will incur $ of additional costs if it the switches