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Solomon Company, which produces and sells a small digital clock, bases its pricing strategy on a 20 percent markup on total cost Based on annual

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Solomon Company, which produces and sells a small digital clock, bases its pricing strategy on a 20 percent markup on total cost Based on annual production costs for 10,000 units of product, computations for the sales price per clock follow. Unit-level coats Fixed costs Total cost (a) Markup ( 0.20) Total salon (b) Sales price per unit (b. 10,000) $130.000 70,000 200,000 40.000 $240,000 $ 24 Required a. Solomon has excess capacity and receives a special order for 8,000 clocks for $18 each. Calculate the contribution margin per unit. Based on this should Solomon accept the special order? b. Prepare a contribution margin income statement for the special order. Complete this question by entering your answers in the tabs below. Required A Required B Solomon has excess capacity and receives a special order for 8,000 ciocks for $18 each. Calculate the contribution margin per unit. Based on this should Solomon accept the special order? a. Solomon has excess capacity and receives a special order for 8,000 clocks for 518 each. Calculate the contribution margin per unit Based on this, should Solomon accept the special order? b. Prepare a contribution margin income statement for the special order. Complete this question by entering your answers in the tabs below. Required A Required B Solomon has excess capacity and receives a special order for 8,000 docks for $18 each Calculate the contribution margin per unit Based on this should Solomon accept the special order? Complete this question by entering your answers in the tabs below. Required A Required B Prepare a contribution margin income statement for the special order, SOLOMON COMPANY Contribution Margin Income Statement Required A

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