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please correct red highlighted US Help System Announcements CALCULATOR PRINTER VERSION NEW NEXT ES ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association
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US Help System Announcements CALCULATOR PRINTER VERSION NEW NEXT ES ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2020, the company reported the following operating results while operating at 80% of plant capacity and producing 118,800 units. Sales Cost of goods sold Selling and administrative expenses Net income Amount $4,514,400 3,633,000 517,540 $363,860 Fixed costs for the period were cost of goods sold $950,000, and selling and administrative expenses $274,000. In July, normally a slack manufacturing month, ThreePoint Sports receives a special order for 10,000 basketballs at $29 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.77 per unit because of shipping costs but would not increase fixed costs and expenses. Your answer is partially correct. Try again (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... (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues 4,514,400 4,804,400 290,000 Cost of goods sold 3,633,000 3,858,000 225,000 Selling and administrative expenses 517,540 538,040 20,500 Net income 363,860 408,360 44,500 (b) Should ThreePoint Sports Inc. accept the special order? Yes LENK TO TEXT LINK TO VIDEO LINK TO TEXT LINK TO VIDEO x Your answer is incorrect. Try again. What is the minimum selling price on the special order to produce net income of $5.11 per ball? (Round answer to Minimum selling price 29.66 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO Step by Step Solution
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