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Sheridan Company manufactures toasters. For the first 8 months of 2020, the company reported the following operating results while operating at 75% of plant capacity

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Sheridan Company manufactures toasters. For the first 8 months of 2020, the company reported the following operating results while operating at 75% of plant capacity Sales ( 358.400 units) $4,374,000 Cost of goods sold 2,600,960 Gross pront 1,773040 Operating expenses 837,760 Net income $935,280 Cost of goods sold was 70% variable and 30% fixed, operating expenses were 80% variable and 20% fixed. in September, Sheridan receives a special order for 21.100 toasters at $8.04 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $ 3.100 of shipping costs but no increase in fixed costs. a) Prepare an incremental analysis for the special order. Round computations for per unit cost to 2 decimal places, c.8. 15.25 and all other computations and final answers to the nearest whole dollar, es 5,725. Enter negative amounts using either a negative sign preceding the numberes 45 or parentheseses (45)) Reject Order Accept Order Net Income Increase (Decrease) Revenues 0 $ 169,644 $ Cost of goods sold 0 Operating expenses 0 Net income $ $ b) Should Sheridan accept the special order? Sheridan Company should accept the special order

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