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Pharoah Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2022, the company reported the following

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Pharoah Sports Inc. manufactures basketballs for the Women'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 120,000 units. Amount $4,680,000 Sales Cost of goods sold 3,700,800 Selling and administrative expenses 532,400 Net income $446,800 Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $260,000. In July, normally a slack manufacturing month, Pharoah Sports receives a special order for 10,000 basketballs at $27 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.75 per unit because of shipping costs but would not increase fixed costs and expenses. (a) & (b) Your answer has been saved. See score details after the due date. (a) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) evenues Cost of goods sold elling and administrative expenses let income Reject Order (b) Should Pharoah Sports Inc. accept the special order? Yes O 0 LA Accept Order 270,000 -228,400 -30,200 AA $ 11,400 +A +A Net Income Increase (Decrease) 270,000 -228,400 -30,200 11,400 (c) What is the minimum selling price on the special order to produce net income of $5.14 per ball? (Round answer to 2 decimal places, e.g. 15.25.) Minimum selling price

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