Answered step by step
Verified Expert Solution
Question
1 Approved Answer
answer the question in english,show the calculate and formula..explain if it need QUESTION 8 Martinez Industries manufactures toasters. For the first 8 months of 2020,
answer the question in english,show the calculate and formula..explain if it need
QUESTION 8 Martinez Industries manufactures toasters. For the first 8 months of 2020, the company reported the following operating results while operating at 75% of plant capacity: Sales (350,000 units) Cost of good sold Gross profit Operating expenses Net income RM 4,375,000 2,600,000 1,775,000 840,000 935,000 Cost of good sold was 70% variable and 30% fixed; operating expenses were 80% variable and 20% fixed. In September, Martinez receives a special order for 15,000 toasters at RM7.60 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional RM3,000 of shipping costs but no increase in fixed costs. INSTRUCTIONS: 0) Prepare an incremental analysis for the special order. Should Martinez accept the special order? Why or why not? (CLO3, C3) (CLO3,C4)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started