Replace Equipment A machine with a book valuForever Ready Company expects to operate at 82% of productive capacity during May. The total manufacturing costs for May for the production of 34,440 batteries are budgeted as follows: Line Item Description Amount Direct materials $311,500 Direct labor 114,500 Variable factory overhead 32,052 Fixed factory overhead 64,000 Total manufacturing costs $522,052 The company has an opportunity to submit a bid for 3,000 batteries to be delivered by May 31 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during May or increase the selling or administrative expenses. What is the unit cost below which Forever Ready Company should not go in bidding on the government contract? Round your answer to two decimal places. fill in the blank 1 of 1$ per unite of $25,000 has an estimated remaining life of 5 years. A proposal is offered to sell the old machine for $18,800 and replace it with a new machine at a cost of $40,000. The new machine has a 5 -year lite with no residual value. The new machine would reduce annual direct labor costs from $17,500 to $9,000. a. Prepare a differential analysis dated June 2 on whether to continue with the oid machine (Alternative 1) or replace the old machine (Alternative 2). If an amount is zero, enter "0*. If required, use a minus sign to indicate a loss. b. Should the company continue with the old machine (Aternative 1) or replace the old machine (Atemative 2)?