View Policies Current Attempt in Progress Quick Company manufactures toasters. For the first eight months of 2020, the company reported the following operating results while operating at 75% of plant capacity: Sales (349,500 units) Cost of goods sold Gross profit Operating expenses Net income $4,370,500 2,506,500 1,864,000 874,900 $989.100 The cost of goods sold was 72% variable and 28% fixed. Operating expenses were 72% variable and 28% fixed. In September, Quick Company receives a special order for 24,310 toasters at $7 each from Ortiz Company of Mexico City. Accepting the order would result in $2,960 of shipping costs but no increase in fixed operating expenses. (a) Prepare an incremental analysis for the special order. (Round intermediate calculations to 4 decimal places, e.g. 1.2579 and final answers to the nearest whole dollar, e.g. 5,275.) Incremental revenue $ Incremental cost: Variable cost S Cost of goods sold Gross profit Operating expenses Net income 2,506,500 1,864,000 874,900 $989.100 The cost of goods sold was 72% variable and 28% fixed. Operating expenses were 72% variable and 28% fixed. In September, Quick Company receives a special order for 24,310 toasters at $7 each from Ortiz Company of Mexico City. Accepting the order would result in $2,960 of shipping costs but no increase in fixed operating expenses. (a) Prepare an incremental analysis for the special order. (Round intermediate calculations to 4 decimal places, eg. 1.2579 and final answers to the nearest whole dollar, e.g. 5,275.) Incremental revenue $ Incremental cost: Variable cost $ Shipping cost Fixed cost Incremental income / (loss) Save for Later Attempts: 0 of 1 used Submit