View Policies Show Attempt History Current Attempt in Progress Pharoah Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2022, the company reported the following operating results while operating at 80% of plant capacity and producing 120,000 units. Amount $4,680,000 Sales Cost of goods sold 3,700,800 Selling and administrative expenses 532,400 Net income $446,800 Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $260,000. In July, normally a slack manufacturing month, Pharoah Sports receives a special order for 10,000 basketballs at $27 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.75 per unit because of shipping costs but would not increase fixed costs and expenses. IT (c) Your answer is incorrect. Attempts: 1 of 5 used What is the minimum selling price on the special order to produce net income of $5.14 per ball? (Round answer to 2 decimal places, eg. 15.25) Minimum selling price eTextbook and Media Solution Save for Later Ex Attempts: 2 of 5 used Submit Amer 27C Sunny 4 ENG