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Question 1 Moonbeam Company manufactures toasters. For the first 8 months of 2017, the company reported the following operating results while operating at 75% of
Question 1 Moonbeam Company manufactures toasters. For the first 8 months of 2017, the company reported the following operating results while operating at 75% of plant capacity: Sales (350,000 units) Cost of goods sold Gross proft Operating expenses Net income $4,379,000 2,605,000 1,774,000 839,600 $934,400 Cost of goods sold was 72% variable and 28% fixed; operating expenses were 82% variable and 18% fixed. In September, Moonbeam Company receives a special order for 19,100 toasters at $7.99 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $2,900 of shipping costs but no increase in fixed costs Prepare an incremental analysis for the special order.(Round computations for per unit cost to 4 decimal places all other computations and final answers to the nearest whole dollar,eg, 5,725. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45) computations for per unit cost to 4 decimal places, eg. 15.2500 and Reject Order Accept Order Net Income Increase (Decrease) Revenues Cost of goods sold Operating expenses Net income Should Moonbeam Company accept the special order? Moonbeam Company the special order
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