Goshford Company produces a single product and has capacity to produce 110,000 units per month Costs to produce its current sales of 88.000 units follow. The regular selling price of the product is $124 per unit Management is approached by a new customer who wants to purchase 22.000 units of the product for $8010 per unit. If the order is accepted there will be no additional fixed manufacturing overhead and no additional fixed selling and administrative expenses. The customer is not in the company's regular selling territory, so there will be a $560 per unit shipping expense in addition to the regular variable selling and administrative expenses. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and sinistrative expenses Totals Per Unit $12.50 15.00 13.00 17.50 17.00 14.60 $89.00 Costs at 38,000 Units $1,100,000 1,320,000 1,144,000 1,540,000 1,496,800 1,232,000 $7,832,600 Calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $80.10 per unit Determine whether management should accept or reject the new business. Complete this question by entering your answers in the tabs below. Net Income Accept of Reject Calculate the combined total niet income the company accepts the offer to sell additional units at the reduced price of 580.10 per unit Normal Volume Additional Volume Combined Total $ 0 Couts and expenses 0 0 0 0 O 0 0 0 Total costs and expenses Netcomes olo 0