Ivanhoe Company supplies schools with floor mats to use in physical education classes. Ivanhoe has received a special order from a large school district to buy 648 mats at $45 each. Acceptance of the special order will not affect fixed costs but will result in $1,296 of shipping costs. For the first 6 months of 2022, the company reported the following operating results while operating at 80% capacity: Sales (108,000 units) Cost of goods sold Gross profit Operating expenses Net income $7,560,000 (a) 4,536,000 3,024,000 2,160,000 $864,000 Cost of goods sold was 75% variable and 25% fixed; operating expenses were 70% variable and 30% fixed. Prepare an incremental analysis for the special order. (Enter negative amounts using either a negative sign preceding the number e.g.

Ivanhoe Company supplies schools with floor mats to use in physical education classes. Ivanhoe has received a special order from a large school district to buy 648 mats at $45 each. Acceptance of the special order will not affect fixed costs but will result in $1,296 of shipping costs. For the first 6 months of 2022 , the company reported the following operating results while operating at 80% capacity: Cost of goods sold was 75% variable and 25% fuxed; operating expenses were 70% variable and 30% fixed. (a) Prepare an incremental analysis for the special order. (Enter negative amounts using either a negative sign preceding the number es