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Had already posted this but this part showed incorrect Crane inc, manufactures basketballs for the Womeri's National Basketball Association (WNBA). For the first 6 months
Had already posted this but this part showed incorrect
Crane inc, manufactures basketballs for the Womeri's National Basketball Association (WNBA). For the first 6 months of 2022, the company reported the following operating results while operating at 80% of plant capacity and producing 120,100 units: Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $241,000. In July, normally a slack manufacturing month, Crane receives a special order for 10,000 basketballs at $28 each from the Greek Basketball Association (GBA). Acceptance of the order would increasevariable selling and administrative expenses $0.77 per unit because of shipping costs but would not increase fixed costs and expenses. What is the minimum selling price on the special order to produce net income of $5.06 per ball? (Round answer to 2 decimal places, e.8. 15.25.) Minimum selling price Step by Step Solution
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