I have homework assignment. below is the assignments attached.

Jetsam manufactures footballs. The forecasted income statement for the year before any special orders included sales of $4,000,000 (sales price is $10 per unit.) Manufacturing cost of goods sold is anticipated to be $3,200,000. Selling expenses are expected to be $300,000, and operating income is projected at $500,000. Fixed costs included in these forecasted amounts are $1,000,000 for manufacturing cost of goods sold and $100,000 for selling expenses. Jetsam is offering a special order to buy 50,000 footballs for $8.00 each. There will be no additional selling expenses, and sufficient capacity exists to manufacture the extra footballs. Requirements: Prepare an incremental analysis schedule to demonstrate by what amount would operating income be increased or decreased as a result of accepting the special order. Jetsam Enterprises Incremental Analysis Special Order Flub Company manufactures 10,000 units of widgets for use in its annual production. Costs are direct materials $20,000, direct labor $55,000, variable overhead $45,000, and fixed overhead $70,000. Flotsam Company has offered to sell Flub 10,000 units of widgets for $18 per unit. If Flub accepts the offer, some of the facilities presently used to manufacture widgets could be rented to a third party at an annual rental of $15,000. Additionally, $4 per unit of the fixed overhead applied to widgets would be totally eliminated. Requirements: Prepare an incremental analysis schedule to demonstrate if Flub should accept Flotsam's offer. Flub Inc. Incremental Analysis To Produce or Buy Produce Buy