Question 16

1. Wok Around the Clock, Inc., sells specialty woks. In the current year it expects to incur $840,000 in variable costs and $130,000 in fixed costs to make and sell 10,000 woks at $100 each.

   If Wok Around the Clock accepts a special order from Hard Wok Cafe to purchase 1,000 woks at $75 each. Wok Around the Clock will also have to pay $1,200 in shipping costs to deliver the special order. How much would it make or lose on this special order?

   ENTER A LOSS WITH A "-" SIGN. DO NOT USE PARENTHESES. EXAMPLE: -1,000