what is the minimum selling price?

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. Sales Cost of goods sold Selling and administrative expenses Net Income Amount $4,680,000 3,700,800 532.400 $446,800 Fored 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. (a) & (b) Your answer is correct. ta) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places, eg. 15.25. Enter negative amounts using either a negative sign preceding the numberes.-45 or parentheses es. (451) Reject Order Accept Order Net Income Increase (Decrease) Revenues 0 270000 270000 Cost of goods sold 0 2284001 -228400 Selling and administrative Expenses 30200 i -30200 Net income 0 11400 11400 a) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal places es 1525. Enter motive amounts using either a negative sin preceding the number 6.4.-45 or parentheses es (450) Reject Order Accept Order Net Income Increase (Decrease) Revenues 270000 270000 228400 -228400 Cost of goods sold Selling and administrative expenses 0 30200 -30200 0 Net Income 11400 $ 11400 (b) Should Pharoah Sports Inc accept the special order? Yes e Textbook and Media Attempts: 1 of 3 used o 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, 15. 15.25) Minimum selling price