ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6...
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ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2020, the company reported the following operating results while operating at 80% of plant capacity and producing 120,300 units Amount Sales $4,571.400 Cost of goods sold 3,713,667 Selling and administrative expenses 534,893 Net income $322,840 Fixed costs for the perlod were cost of goods sold $960,000, and selling and administrative expenses $257,000. In July, normallya slack manufacturing month, ThreePoint Sports recelves a special order for 10,000 basketballs at $28 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.75 per unit because of shipping costs but would not increase foxed costs and expenses (a) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places, eg 15.25. Enter negotive amounts using either a negative sign preceding the number e 45 or parentheses eg. (45)) Net Income Increase Accept Order Reject (Decrease) Order Revenues Cost of goods sold Selling and administrative expenses ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2020, the company reported the following operating results while operating at 80% of plant capacity and producing 120,300 units Amount Sales $4,571.400 Cost of goods sold 3,713,667 Selling and administrative expenses 534,893 Net income $322,840 Fixed costs for the perlod were cost of goods sold $960,000, and selling and administrative expenses $257,000. In July, normallya slack manufacturing month, ThreePoint Sports recelves a special order for 10,000 basketballs at $28 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.75 per unit because of shipping costs but would not increase foxed costs and expenses (a) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places, eg 15.25. Enter negotive amounts using either a negative sign preceding the number e 45 or parentheses eg. (45)) Net Income Increase Accept Order Reject (Decrease) Order Revenues Cost of goods sold Selling and administrative expenses
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Related Book For
Accounting Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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