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Please help Flint Sports Inc manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2017, the company reported the
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Flint Sports Inc manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2017, the company reported the following operating results while operating at 80% of plant capacity and producing 118.700 units. Sales Cost of goods sold Selling and administrative expenses Net income Amount $4.748,000 3,582,083 503 262 $662,655 Fixed costs for the period were cost of goods sold $960,000. and selling and administrative expenses $235.000, In July, normally a slack manufacturing month, Flint Sports receives a special order for 10,000 basketballs at $28 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. Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places, eg 15.25. If amount decreases net income then enter the amount using either a negative sign preceding the number eg -45 or parentheses eg. 145).) Reject Order Accept Order Net Income Increase (Decrease) Revenues S s Cost of goods sold Selling and administrative expenses S 5 Should Flint Sports Inc. accept the special order e Textbook and Media What is the minimum selling price on the special order to produce net income of $5.00 per ball? (Round answer to 2 decimal places, e.g. 15.25.) Minimum selling price $ eTextbook and Media e here to searchStep by Step Solution
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