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C https://edugen.wileyplus.com/edugen/student/mainfr.uni WileyPLUS: MyWileyPLUS | Help | Contact Us | Log Out WileyPLUS Kimmel, Accounting, 7e PRIN. OF ACCT I&II (ACCT 2101 2102) CALCULATOR STANDARD VIEW PRINTER VERSION 1 BACK NEXT ASSIGNMENT RESOURCES Chapter 20 Homework Exercise 20-03 Exercise 20-03 Exercise 20-05 Your answer is partially correct. Try again. Exercise 20-10 Exercise 20-14 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: Exercise 20-15 Sales (364,000 units) $4,373,000 Review Score Cost of goods sold 2,589,600 Review Results by Study Gross profit 1,783,400 Objective Operating expenses 841,750 Net income $941,650 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 23,200 toasters at $7.75 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $3,100 of shipping costs but no increase in fixed costs. (a) Prepare an incremental analysis for the special order. ( Round computations for per unit cost to 2 decimal places, e.g. 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).) Net Income Reject Accept Increase Order Order Decrease) Revenues Cost of goods sold Operating expenses Net income