Question: CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 20-03 Your answer is partially correct. Try again. Moonbeam Company manufactures toasters. For the first 8 months
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 20-03 Your answer is partially correct. Try again. Moonbeam Company manufactures toasters. For the first 8 months of 2020, the company reported the following operating results while operating at 75% of plant capacity: Sales (364,000 units) Cost of goods sold Gross profit Operating expenses Net Income $4,371,000 2,589,600 1,781,400 841,750 $939,650 Cost of goods sold was 70% variable and 30% fixed; operating expenses were 80% variable and 20% fixed. In September, Moonbeam receives a special order for 18,600 toasters at $7.95 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $3,000 of shipping costs but no increase in fixed costs. Prepare an incremental analysis for the special order. (Round computations for per unit cost to 2 decimal places, 2.9. 15.25 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 147870 147870 Cost of goods sold 1 Operating expenses Net income Should Moonbeam accept the special order? Moonbeam Company should accept the special order. Click if you would like to Show Work for this questions Open Show Work Question Attempts: Unlimited
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