Question
sheridan company manufactures toasters for the first 8 months of 2022 the company reported the following operating results while operating at 75% of plant capacity
sheridan company manufactures toasters for the first 8 months of 2022 the company reported the following operating results while operating at 75% of plant capacity sales 358400 units 4374000 cost of goods sold 2600960 gross profit 1773040 operating expenses 837760 net income 935280 cost of good sold was 70% variable and 30% fixes operating were 80% variable and 20% fixed in September sheridan receives order for 21100 toasters at 8.04 each from Luna company of ciudad Juarez acceptance of the order would result in an additional 3100 of shipping costs but no increase in fixed costs
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