Finch Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 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 Total cost (a) Markup (a * 0.25) Total sales (b) Sales price per unit (b = 16,000) $240,000 80,000 320,000 80,000 $400,000 $ 25 Required a. Finch has excess capacity and receives a special order for 4,000 clocks for $20 each. Calculate the contribution margin per unit. Based on this, should Finch accept the special order? b. Prepare a contribution margin income statement for the special order. Complete this question by entering your answers in the tabs below. b. Prepare a contribution margin income statement for the special order. Complete this question by entering your answers in the tabs below. Required A Required B Finch has excess capacity and receives a special order for 4,000 clocks for $20 each. Calculate the contribution margin per unit. Based on this, should Finch accept the special order? Contribution margin per unit Should Finch accept the special order? II Complete this question by entering your answers in the tabs below. Required A Required B Prepare a contribution margin income statement for the special order. FINCH COMPANY Contribution Margin Income Statement Direct labor Direct materials