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Variations Company had the following results of operations for the past year: $ 56,000 Sales (8,000 units at $7.00) (16,000) Direct Materials ($2.00/unit) (8,000) Direct

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Variations Company had the following results of operations for the past year: $ 56,000 Sales (8,000 units at $7.00) (16,000) Direct Materials ($2.00/unit) (8,000) Direct Labor ($1.00/unit) (6,000) Variable Overhead ($0.75/unit) (6,000) Fixed Overhead _(4.500) Fixed selling and administrative expenses $ 15,500 Operating income A foreign company (whose sales will not affect Variations' regular sales) offers to buy 700 units at $8.00 per unit. In addition to variable manufacturing costs, there would be an export cost of $0.30 per unit. Required: Calculate the potential income from this special order in following format: Vaidinis Compaily Ildu ve Onuwig Iesuits Or Opeldonis 101 the past year: Sales (8,000 units at $7.00) $ 56,000 Direct Materials ($2.00/unit) (16,000) Direct Labor ($1.00/unit) (8,000) Variable Overhead ($0.75/unit) (6,000) Fixed Overhead (6,000) Fixed selling and administrative expenses _(4.500) Operating income $15.500 A foreign company (whose sales will not affect Variations' regular sales) offers to buy 700 units at $8.00 per unit. In addition to variable manufacturing costs, there would be an export cost of $0.30 per unit. Required: Calculate the potential income from this special order in following format: $ Revenue from Order $ (Less: Relevant Expenses of Order) $ Profit/(Loss) From Order Based on your incremental analysis in the previous question relating to Goodfellow evaluating the special order: 1. Should Goodfellow accept the order or not (Yes/NO)? 2. Why (or why not) should Goodfellow accept or not accept the order? Based on the previous questions' incremental analysis: What qualitative factors (factors not related to financial amounts) should Goodfellow consider when evaluating whether to accept a special order from a customer or not

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