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+ CHAPTER 7 HOMEWORK WITH VIDEO ASSISTANCE Question 2 of 6 - / 12 View Policies Current Attempt in Progress Moonbeam Company manufactures toasters. For
+ CHAPTER 7 HOMEWORK WITH VIDEO ASSISTANCE Question 2 of 6 - / 12 View Policies Current Attempt in Progress 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 Ciudad 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, eg. 15.25 and all other computations and final answers to the nearest whole dollar, es. 5,725. Enter negative amounts using either a negative sign preceding the numberes.-45 or parentheses e... (451) 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. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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