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Concord Sports Inc. manufactures basketballs for the Womens National Basketball Association (WNBA). For the first 6 months of 2017, the company reported the following operating

Concord Sports Inc. manufactures basketballs for the Womens National Basketball Association (WNBA). For the first 6 months of 2017, the company reported the following operating results while operating at 80% of plant capacity and producing 119,800 units.
Amount
Sales $4,792,000
Cost of goods sold 3,542,888
Selling and administrative expenses 475,382
Net income $773,730
Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $225,000. In July, normally a slack manufacturing month, Concord Sports receives a special order for 10,000 basketballs at $27 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.74 per unit because of shipping costs but would not increase fixed costs and expenses.

Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places, e.g. 15.25. If amount decreases net income then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

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Reject Order Accept Order Net Income Increase (Decrease) Revenues $ Cost of goods sold Selling and administrative expenses Net income Should Concord Sports Inc, accept the special order? NO Yes What is the minimum selling price on the special order to produce net income of 55.19 per ball? (Round answer to 2 decimal places, e.g. 15.25.) Minimum selling price S By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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