CALCULATOR PRINTER VERSION BACK NEXT Exercise 20-03 Moonbeam Company manufactures toasters. For the first 8 months of 2020, the company reported the following operating results while operating at 75% of plant capacity: Sales (364,000 units) $4,374,000 Cost of goods sold 2,605,200 Gross profit 1,768,800 Operating expenses 841,750 Net income $927,050 Cost of goods sold was 70% variable and 30% fixed; operating expenses were 80% variable and 20% fixed In September, Moonbeam receives a special order for 18,900 toasters at $7.64 each from Luna Company of Gludad Juarez, Acceptance of the order would result in an additional $2,900 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 2 decimal places, e.g. 15.25 and all other computations and final answers to the nearest whole dollar, e.g. 5,725. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues Cost of goods sold Operating expenses Net income (b) S Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT or yoous sou wes rovaror row To operacy Expenses were ou u vodu In September, Moonbeam receives a special order for 18,900 toasters at $7.64 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $2,900 of shipping costs but no Increase in fixed costs. Prepare an incremental analysis for the special order. (Round computations for per unit cost to 2 decimal places, e.g. 15.25 and all other computations and final answers to the nearest whole dollar, e.g. 5,725. Enter negative amounts using alther a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues Cost of goods sold Operating expenses Net income (b) Should Moonbeam accept the special order? Moonbeam Company the special order Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used