Summer Fun manufactures flotation vests in Charleston, South Carolina. Summer Fun's contribution Suppose Overlook wishes to buy 4, 100 vests from Summer Fun. Summer Fun will not incur any margin income statement for the month ended July 31, 2024, contains the following data: variable selling and administrative expenses on the special order. The Summer Fun plant has . . . (Click the icon to view the cost information.) enough unused capacity to manufacture the additional vests. Overlook has offered $9 per vest, which is below the normal sales price of $15. Read the requirements. Requirement 1. Identify each cost in the income statement as either relevant or irrelevant to Summer Fun's decision. Variable Manufacturing Costs Variable Selling and Administrative Costs Fixed Manufacturing Costs Fixed Selling and Administrative Costs Requirement 2. Prepare a differential analysis to determine whether Summer Fun should accept this special sales order. (Enter decreases to revenue or increases to costs with a parentheses or minus sign.) in operating income Decision:Requirement 3. Identify long-term factors Summer Fun should consider in deciding whether to accept the special sales order. In addition to determining the special order's effect on operating profits, Summer Fun's managers also should consider the following: O A. Will Summer Fun's other customers find out about the lower sale price Summer Fun accepted from Overlook? If so, will these other customers demand lower sale prices? O B. Will the special order customer come back again and again, asking for the same reduced price? O C. How will Summer Fun's competitors react? Will they retaliate by cutting their prices and starting a price war? O D. All of the above O E. None of the aboveData table Income Statement For the Month Ended July 31, 2024 Sales in Units 30,000 Net Sales Revenue $ 450,000 Variable Costs: Manufacturing 90,000 Selling and Administrative 112,000 Total Variable Costs 202,000 Contribution Margin 248,000 Fixed Costs: Manufacturing 122,000 Selling and Administrative 95,000 Total Fixed Costs 217,000 $ Operating Income 31,000Requirements 1. Identify each cost in the income statement as either relevant or irrelevant to Summer Fun's decision. 2. Prepare a differential analysis to determine whether Summer Fun should accept this special sales order. 3. Identify long-term factors Summer Fun should consider in deciding whether to accept the special sales order