Wilma Company must decide whether to make or buy some of its components. The costs of producing 60,000 switches for its generators are as follows. Direct materials Variable overhead $44.000 $29,000 $25.000 Direct labor Fixed overhead $76,000 Instead of making the switches at an average cost of $2.90 ($174,000 = 60,000), the company has an opportunity to buy the switches at $2.65 per unit. If the company purchases the switches, all the variable costs and one-fourth of the fixed costs will be eliminated. Your answer is partially 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 Increase (Decrease) Make Buy Direct materials $ 29000 $ i $ Direct labor 25000 i i 44000 i i Variable manufacturing costs Fixed manufacturing costs 76000 i Purchase price i Total cost $ 174000 $ $ Wilma Company will incur $ of additional costs if it buys the switches