Wheeler Company can produce a product that incurs the following costs per unit: direct materials, $10.70; direct labor, $24.70, and overhead, $16.

Wheeler Company can produce a product that incurs the following costs per unit: direct materials, $10.70; direct labor, $24.70, and overhead, $16.70. An outside supplier has offered to sell the product to Wheeler for $48.32. If Wheeler buys from the supplier, it will still incur 40% of its overhead cost. Compute the net incremental cost or savings of buying.