Answered step by step
Verified Expert Solution
Question
1 Approved Answer
: Assignment ORION Dowiadable eTextbook 04 CALCULATOR FIRL SCREEN PRINTER VERSION BACK NEXT Exercise 73 Moonbeam Company mandfactures toastun. For the first months of 2017,
: Assignment ORION Dowiadable eTextbook 04 CALCULATOR FIRL SCREEN PRINTER VERSION BACK NEXT Exercise 73 Moonbeam Company mandfactures toastun. For the first months of 2017, the company reported the following operating results while operating at 75% of plant capacity: Sales (350,500 units) $4,371,000 Cost of goods sold 2,500,000 Grous profit 1,781,000 Operating expenses 639,900 Net Income 1941,100 Cost of goods sold was 73% variable and 27% fixed; operating expenses were 83% variable and 17% fixed. In September, Moonbeam Company receives a special order for 18,600 toasters at $7.95 each from Luna Company of Cludad Juarez, Acceptance of the order would result in an additional $3,000 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 1 decimal places, e.g. 15.2500 and all other computations and final answers to the nearest whole dollar, e.g. 5,725. Enter negative amounts using either a negative sin preceding the number e.o. -45 or parentheses e.g. (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues Cost of goods sold Operating expenses : Assignment ORION Dowiadable eTextbook 04 CALCULATOR FIRL SCREEN PRINTER VERSION BACK NEXT Exercise 73 Moonbeam Company mandfactures toastun. For the first months of 2017, the company reported the following operating results while operating at 75% of plant capacity: Sales (350,500 units) $4,371,000 Cost of goods sold 2,500,000 Grous profit 1,781,000 Operating expenses 639,900 Net Income 1941,100 Cost of goods sold was 73% variable and 27% fixed; operating expenses were 83% variable and 17% fixed. In September, Moonbeam Company receives a special order for 18,600 toasters at $7.95 each from Luna Company of Cludad Juarez, Acceptance of the order would result in an additional $3,000 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 1 decimal places, e.g. 15.2500 and all other computations and final answers to the nearest whole dollar, e.g. 5,725. Enter negative amounts using either a negative sin preceding the number e.o. -45 or parentheses e.g. (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues Cost of goods sold Operating expenses
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