What is the minimum selling price on the special order to produce net income of $5.11 per ball?

SplishBrothers Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2020, the company reported the following operating results while operating at 80% of plant capacity and producing 119,100 units. Sales Cost of goods sold Selling and administrative expenses Net income Amount $4,525,800 3,519,459 412,841 $593,500 Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $233,000. In July, normally a slack manufacturing month, SplishBrothers Sports receives a special order for 10,000 basketballs at $29 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.76 per unit because of shipping costs but would not increase fixed costs and expenses. (a) & (b) Your answer is correct. (a) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues $ i $ 290,000 290,000 i 214,900 i -214,900 Cost of goods sold Selling and administrative expenses 22,700 -22,700 Net income $ $ 52,400 $ 52,400 (b) Should SplishBrothers Sports Inc. accept the special order? Yes (a) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues i 290,000 $ 290,000 i 214,900 i -214,900 Cost of goods sold Selling and administrative expenses 22,700 i -22,700 Net income $ $ 52,400 $ 52,400 (b) Should SplishBrothers Sports Inc. accept the special order? Yes 7 e Textbook and Media Attempts: 2 of 3 used (c) What is the minimum selling price on the special order to produce net income of $5.11 per ball? (Round answer to 2 decimal places, e.g. 15.25.) Minimum selling price $