Exercise 12-4 Evaluating a Special Order [L012-4] Imperial Jewelers is considering a special arder for 28 handcrafted gold bracelets to be given as gits to members of a wedding party. The normal selling price of a gold bracelet is $40200 and its unit product cost is $258.00 as shown below Direct materials Direct labor Manufacturing overhead $ 142 82 34 Unit product cost $258 Most of the manufacturing overhead is fixed and unaflected by variations in how much jewelry is produced in any given period. However, $8 of the overhead is variable with respect to the number of bracelets produced. The customer who is interested in the special bracelet order would like special filigree applied to the bracelets. This filigree would require additional materials costing $5 per bracelet and would also require acquisition of a special tool costing $455 that would have no other use once the special order is completed. This order would have no effect on the company's regular sales and the order could be fulfiled using the company's existing capacity without affecting any other order Required: What effect would accepting this order have on the company's net operating income if a special price of $362.00 per bracelet is offered for this order? (Enter all amounts as positive values.) Total 28 UnitBracelets Incremental costs Variable costs: Direct materials Direct labor Variabile manufacturing overhead Special filigree Total variable cost Foed costs Purchase of spedial tool Total incremental cost Incremental net operating income (loss) Should the special order be accepted at this price? No