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ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the rst 6 months of 2020, the company reported the following operating
ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the rst 6 months of 2020, the company reported the following operating results while operating at 80% of plant capacity and producing 119,400 units. Sales Cost of goods sold Selling and administrative expses 487442 Amount $4,537,200 3,570,084 Net income $479,674 Fixed costs for the period were cost of goods sold s 960,000, and selling and administrative expenses $ 257,000. In July, normally a slack manufacturing month, ThreePoint Sports receives a special order for 10,000 basketballs at $ 30 each from the Greek Basketball Association (GBA). Acceptance of the order would increase administrative expenses $ 0.77 per unit because of shipping costs but would not increase fixed cost variable selling and al n
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