III = Homework: Chapter 25 Homework Part 1 of Mermaid manufactures flotation vests in Charleston, South Carolina. Mermaid's contribution margin income statement for the month ended July 31, 2018, contains the following data: (Click the icon to view the cost information.) Read the requirements. Requirement 1. Identify each cost in the income statement as either relevant or irrelevant to Mermaid's decision. Variable Manufacturing Costs Variable Selling and Administrative Costs Fixed Manufacturing Costs Fixed Selling and Administrative Costs Suppose Overtown wishes to buy 4,800 vests from Mermaid Mermaid will not incur any variable selling and administrative expenses on the special order. The Mermaid plant has enough unused capacity to manufacture the additional vests. Overtown has offered $6 per vest, which is below the normal sales price of $17. Requirement 2. Prepare a differential analysis to determine whether Mermaid should not this special sales order (Enter decreases to revenue or insesto costs with a panese or mini Expected increase in revenue Expected in an engine III = Homework: Chapter 25 Homework Part 1 of Mermaid manufactures flotation vests in Charleston, South Carolina. Mermaid's contribution margin income statement for the month ended July 31, 2018, contains the following data: (Click the icon to view the cost information.) Read the requirements. Requirement 1. Identify each cost in the income statement as either relevant or irrelevant to Mermaid's decision. Variable Manufacturing Costs Variable Selling and Administrative Costs Fixed Manufacturing Costs Fixed Selling and Administrative Costs Suppose Overtown wishes to buy 4,800 vests from Mermaid Mermaid will not incur any variable selling and administrative expenses on the special order. The Mermaid plant has enough unused capacity to manufacture the additional vests. Overtown has offered $6 per vest, which is below the normal sales price of $17. Requirement 2. Prepare a differential analysis to determine whether Mermaid should not this special sales order (Enter decreases to revenue or insesto costs with a panese or mini Expected increase in revenue Expected in an engine