The management of Pharoah 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 finished product. The following information was collected from the accounting records and procuction data for the year ending December 31,2022 : 1. The machining department produced 8,000 units of WiSCO during the year. 2. Variable manufacturing costs applicable to the production of each wisco unit were direct materials $5.00, direct labour $4.90, indirect labour $0.45, and utilities $0.34. 3. Fixed manufacturing costs applicable to the production of WISCO were as follows: Prepare an incremental analysis for WISCO. If an amount reduces the net income then enter with a negutive sign preceding the number. when solving this problem. Based on your analysis, what decision should management make? Question Part Score Would the decision be different if Pharoah had the opportunity to produce $3,350 of net income with the facilities currently being used to manufacture WISCO? (if an amount reduces the net income then enter with a negative sign preceding the number, eg:15.000 or parenthesis es (15,000) ) \begin{tabular}{|l|c|c|c|c|} & Make Wisco & Buy Wisco & Net Income \\ \hline Total annual cost & $ & & Increase (Decrease) \end{tabular}