Question: answer only B View Policies Current Attempt in Progress Quick Company manufactures toasters. For the first eight months of 2020, the company reported the following
answer only B


View Policies Current Attempt in Progress Quick Company manufactures toasters. For the first eight months of 2020, the company reported the following operating results while operating at 75% of plant capacity: Sales (349,500 units) $4,370,500 Cost of goods sold 2,506,500 Gross profit 1,864,000 Operating expenses 874,900 Net income $989,100 The cost of goods sold was 72% variable and 28% fixed. Operating expenses were 72% variable and 28% fixed. In September, Quick Company receives a special order for 24.310 toasters at $7 each from Ortiz Company of Mexico City. Accepting the order would result in $2,960 of shipping costs but no increase in fixed operating expenses. (a) Prepare an incremental analysis for the special order. (Round intermediate calculations to 4 decimal places, e.g. 1.2579 and final answers to the nearest whole dollar, e.g. 5,275.) Incremental revenue Incremental cost: Variable cost $Question 38 of 41
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
