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CALCULATOR PRINTER VERSION BACK NA Exercise 183 (Part Level Submission) Gregg Company supplies schools with floor mattresses to use in physical education classes. Gregg has

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CALCULATOR PRINTER VERSION BACK NA Exercise 183 (Part Level Submission) Gregg Company supplies schools with floor mattresses to use in physical education classes. Gregg has received a special order from a large school district to buy 600 mats at $45 each. Acceptance of the special order will not affect fixed costs but will result in $1,200 of shipping costs. For the first 6 months of 2016, the company reported the following operating results while operating at 80% capacity Sales (100,000 units) $7,000,000 Cost of goods sold 4,200,000 Gross profit 2,800,000 Operating expenses 2,000,000 Net income $ 800,000 Cost of goods sold was 75% variable and 25% fixed; operating expenses were 70% variable and 30% fixed. (a) Prepare an incremental analysis for the special order. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not leave any field blank. Enter o for the amounts.) Reject Order Accept Order Net Income Increase (Decrease) Click if you would like to Show Work for this questions Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Pont Potent Policy set by your instructor Attempts: 0 of 1 used SAVE FOR LATER

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