Exercise 20-3

CES Exercise 20-3 da th a n Ca Dany manufactures toasters. For the first 8 months of 201 7, the company reported the following operating results while operating at 75% of plant capac Sales (350,200 units) Cost of goods sold Gross proft Operating expenses Net income $4,380,000 2,597,000 1,783,000 839,000 $944,000 | cost of goods sold was 76% variable and 24% fixed; operating expenses were 86% variable and 14% fixed. In September, Moonbeam Company receives a special order for 20,500 toasters at $ in an additional $3,000 of shipping costs but no increase in fixed costs. Aaces e.+ 2S00 and." aid 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 Prepare an incremental analysis for the special order. (Round computations for per unit cost to 4 decimal e.g. (45). Net Income Increase Reject Order Accept Order (Decrease) Cost of goods sold 2