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Dakota Company has been producing and selling 42,000 hats a year. There are no b

ID: 2571526 • Letter: D

Question

Dakota Company has been producing and selling 42,000 hats a year. There are no beginning and ending inventories. The Dakota Corporation has the capacity to produce 52,000 hats. The following data is available:

Selling price per unit                                                                                       $30

Variable manufacturing costs per unit                                                     $13

Variable selling and administrative costs per unit                                  $7

Total fixed manufacturing costs                                                       $126,000

Total fixed selling and administrative costs                                   $84,000

If a special order is accepted for 10,000 hats at a price of $25 per unit, net income would ________.

A) increase by $20,000

B) increase by $50,000

C) increase by $90,000

D) decrease by $24,000

Explanation / Answer

Incremental revenue 250000 Variable costs: Variable manufacturing costs 130000 Variable selling and administrative costs 70000 Incremental income 50000 Option B is correct