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Mermaid manufactures flotation vests in Charleston, South Carolina. Mormaid's Suppose Overboard wishes to buy 4,400 vests from Mermaid Mermaid will not contribution margin income statement for the month ended August 31, 2018, incur any variable selling and administrative expenses on the special order. The contains the following data: Mermaid plant has onough unused capacity to manufacture the additional vests. Click the icon to view the cost information) Overboard has offered $6 per vest, which is below the normal sales price of $16. Read the requirements Requirement 1. Identity each cost in the income statement on either rolovant or irrelevant to Mermaid's decision. Variable Manufacturing Costs Variable Selling and Administrative Comt Fund Manufacturing Costs Fixed Selling and Administrative Costs Click to select your answer(s) and then click Check Answer 3 pts remaining Cla CHECK ANSWE i Requirements 1. Identify each cost in the income statement as either relevant or irrelevant to Mermaid's decision 2. Prepare a differential analysis to determine whether Mermaid should accept this special sales order. 3. Identify long-term factors Mermaid should consider in deciding whether to accept the special sales order. Cost and til Print Done i Data Table - so Mermaid Income Statement st For the Month Ended August 31, 2018 Sales in Units Net Sales Revenue Variable Costs: 30,000 480,000 $ Manufacturing Selling and Administrative 90,000 102,000 Total Variable Costs 192,000 Contribution Margin 288,000 Print Done Data Table each cost in Costs ministrative Co 90.000 102,000 osts nistrative Cost 192,000 Variable Costs Manufacturing Selling and Administrative Total Variable Costs Contribution Margin Fixed Costs Manufacturing Selling and Administrative 288,000 nswer(s) and 126,000 89,000 Check Answer 215,000 Total Fixed Costs S 73,000 Operating Incomo Print Done