Elsea Company, which produces and sells a small digital clock, bases its pricing strategy on a 20 percent markup on total cost. Based on annual production costs for 16,000 units of product, computations for the sales price per clock follow Unit-level costs Fixed costs $320,000 80,000 Total cost (a) 400,000 Markup (a x 0 20) 80,000 $480,000 Sales price per unit (b 16,000) 30 Total sales (b) Required a-1.Elsea has excess capacity and receives a special order for 5,000 clocks for $24 each. Calculate the contribution margin per unit from the special order er unit a-2. Should Elsea accept the special order? Yes O No b. Prepare a contribution margin income statement for the special order ELSEA CO Type here to search 4