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Wok Around the Clock, Inc., sells specialty woks. In the curren ear it expects to incur $820,000 in variable costs and $120,000 in fixed costs

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Wok Around the Clock, Inc., sells specialty woks. In the curren ear it expects to incur $820,000 in variable costs and $120,000 in fixed costs to make and sell 10,000 woks at $100 each. If Wok Around the Clock accepts a special order from Hard Wok Cafe to purchase 1,000 woks at $75. Wok Around the Clock will also have to pay $1,200 in shipping costs to deliver the special order. How much would it make or lose on this special order? ENTER A LOSS WITH A "-" SIGN. DO NOT USE PARENTHESES. EXAMPLE: 1,000 QUESTION 7 Big Seats has the capacity to produce 100,000 sofas per year but only produces 80,000 sofas per year. The sale price is $1,000 each. Direct materials equals $300 per sofa, direct labor equals $200 per sofa, and allocated overhead equals $100,000 per year. Buy \& Large offers to buy an additional 1,000 sofas but is only willing to pay $800 per sofa. What is the additional operating income (loss) of accepting the offer? ENTER NEGATIVE NUMBERS WITH A ";" SIGN. DO NOT USE PARENTHESES, EXAMPLE: -10,000

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