Proctoring Enabled: M4 Lab 3: Revant Costing 12 Anchor Company manufactures a variety of toot boxes. The firm curently eating at 80% of the capely of 4800 machine hours per month. Each unit requires 30 inutes of machine time its sales manager has been looking to spenders productive use of the excess capacity JCL Lbs, a potential customer, has offered to by 10000 toss at 58 70 per pode that the entire goodny is delivered in two months. The current per bow cost data are as fo Direct labour (at $7.70/hour total fe Both food and variable overhead are allocated using direct labour-hours as a base Vanatee overheads $180 per direct labour hour Without the order, Anchor would have enough business to operate at 3,840 deed labour hours in each of the next two months. The regular selling price of the fool boxes is $11.70. A sales commission of 50 cents per unit is paid to sales representatives on all regar sales No additional seting or administrative expenses are anticipated on account of accepting this special order and no commissions will be paid on this special order The production manager is concerned about the labour time that 50.000 boxes would require. She cannot schedule overtime because Anchor has a policy against it. JCL will not accept fewer than 10,000 tool boxes. Therefore, in order to fill the special order would be necessary for Anchor Company to divert some of its regular sales to the special order Required: 1. Prepare contribution margin income statements for the two-month period both with and without the special order (Leeve no cells blank be certain to enter "0" wherever required.) ANCHOR COMPANY Contribution Margin income Statement Without Special We Special Order Order www