Question 4 of 4 View Policies Current Attempt in Progress Concord Company manufactures outdoor fireplaces. For the first 9 months of 2020, the company reported the following operating results while operating at 80% of plant capacity: Sales (71,400 units) Cost of goods sold Gross profit Operating expenses Net income $6,568,800 4,730,250 1,838,550 714,000 -/2.5 I $1,124,550 Cost of goods sold was 80% variable and 20% fixed; operating expenses were 70% variable and 30% fixed. In October, Concord Company receives a special order for 3,900 fireplaces at $63 each from Langston's Landscape Company. Acceptance of the order would result in an additional $7,000 of shipping costs but no increase in fixed operating expenses.

Current Attempt in Progress Concord Company manufactures outdoor fireplaces. For the first 9 months of 2020 , the company reported the following operating results while operating at 80% of plant capacity: Cost of goods sold was 80% variable and 20% fixed; operating expenses were 70% variable and 30% fixed, In October, Concord Company receives a special order for 3,900 fireplaces at $63 each from Langstor's Landscape Company. Acceptance of the order would result in an additional $7,000 of shipping costs but no increase in fixed operating expenses. Prepare an incremental analysis for the special order. (Enter loss using either a negative sign preceding the number eg,-2,945 or parentheses eg. (2,945) )