Prepare incremental analysis related to rnalceorbuy decision, consider opporninity cost, and identi; non nancial factors. 735$]. (LO 3) The management of Borealis Manufacturing Company is trying to decide whether to continue manufacturing a part or to buy it from an outside supplier. The part, called WISCO, is a component of the company's nished product. The follon-'ing information was collected from the accounting records and production data for the year ended December 31, 2022: 1. The machining department produced 8,000 units of WISCD during the year. 2. Variable manufacturing costs applicable to the production of each WISCO unit were direct materials $4.80, direct labour $4.30, indirect labour $0.43, and utilities 30.40. 3. Fixed manufacturing costs applicable to the production of WISCO were as follows: C051: Item Direct Allocated Total Depreciation 32,100 $ 900 33,000 Property taxes 500 20 0 3300 Insurance 900 600 1,500 $3,500 31,700 $5,200 The comp any will eliminate all variable manufacturing and direct xed costs if it purchases WISCO. Allocated costs 1will have to be absorbed by other production departments. So if 'NISCO is purchased, the fixed manufacturing costs allocated to WISCO will have to be absorbed by other production departments. 4. The lowest quotation for 8,000 WISCO units from a supplier is $80,000. U1 . If WISCO units are purchased, freight and inspection costs would be $0.35 per unit, and the machining department would incur receiving costs totalling $1,300 per year. Instructions a. Prepare an incremental analysis for WISCO. Your analysis should have columns for {1) Make WISCO, (2) Buy WISCD, and [3) Net Income Increase {Decrease}. a. NI decrease: 5(1,160] b. Based on your analysis, what decision should management make? c. Would the decision be different if Borealis had the opportunity to produce $3,000 of net income with the facilities currently being used to manufacture WISCU? Show calculations. c. 371 increase: 51.840