edugenwileyplus. com ae@yahoo.com-Yahoo Mail ACCT 102 Project-Google Drive Outli

Question

edugenwileyplus. com ae@yahoo.com-Yahoo Mail ACCT 102 Project-Google Drive Outline Google Docs Return to Blackboard Kimmel, Accounting, 6e Help I System Announcements gnment Exercise 20-3 Moonbeam Company manufactures toasters. For the first 8 months of 2017, the company reported the following operating results while operating at 75% of plant capacity: Sales (350,800 units) $4,372,000 Cost of goods sold 2,608,000 Gross profit Operating expenses Net income 1,764,000 839,100 $924,900 Cost of goods sold was 69% variable and 31% fixed; operating expenses were 79% variable and 21% fixed. In September, Moonbeam Company receives a special order for 24,200 toasters at $7.63 each from Luna Company of Cludad Juarez. Acceptance of the order would result in an additional $3,100 of shipping costs but no increase in fxed costs. Prepare an incremental analysis for the special order. (Round computations for per unit cost to 4 decimal places, e.g. 15.2500 and all other computations and final answers to the nearest whole dollar, e.g. 5,725. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues Cost of goods sold tacy police 1 2000-2018 Johnylle ASons.Inc. All Rights Reserved. A Division ofJohntiley &Sons;, Inc.

Explanation / Answer

Incremental analysis :

Moonbeam company accept the special order.

Reject order Accept order Net income increase (decrease) Revenue 0 184646 184646 Cost of goods sold 0 -124140.21 -124140.21 Operating expense 0 -48829.51 -48829.51 Net income 0 11676 11676

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