13 Exercise 6-9A (Algo) Using the contribution margin approach for a special order decision LO 6-2 Rooney Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on total cost. Based on annual production costs for 18,000 units of product, computations for the sales price per clock follow. 34 oints Unit-level costs eBook $288,000 Fixed costs Total cost (a) Markup (a x 0.25) Total sales (b) 72,000 360,000 Hint 90,000 Ask $450,000 Print Sales price per unit (b 18,000) $ 25 References Required a. Rooney has excess capacity and receives a special order for 4,000 clocks for $20 each. Calculate the contribution margin per unit. Based on this, should Rooney accept the special order? b. Prepare a contribution margin income statement for the special order. Complete this question by entering your answers in the tabs below. Required B Required A Prepare a contribution margin income statement for the special order. ROONEY COMPANY Contribution Margin Income Statement Direct labor Direct materials Contribution to loss