Wilma Company must decide whether to make or buy some of its components. The costs of producing 62,600 switches for its generators are as follows. Direct materials Direct labor $29,800 $29.940 Variable overhead Fixed overhead $45.400 $76,400 Instead of making the switches at an average cost of $2.90 ($181,540 62,600), the company has an opportunity to buy the switches at $2.74 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 eg. -45 or parentheses eg (451) Net Income Increase (Decrease) Make Buy Direct materials $ $ Direct labor Variable manufacturing costs Fixed manufacturing costs Purchase price $ 5 Total cost Wilma Company will incur 5 of additional costsifit the switches