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X Company currently manufactures and sells 10,000 fishing boats each year at a selling price of $1,000 per boat. It has the following cost data.
X Company currently manufactures and sells 10,000 fishing boats each year at a selling price of $1,000 per boat. It has the following cost data. The manager has the opportunity for a special one-time sale of 500 boats at a selling price of $750 per boat. If the order is accepted it will not affect current sales or variable costs. In addition, no additional fixed costs will be incurred since the company will still be operating in its relevant range if the order is accepted. If the order is accepted, by what amount will the company's net income increase or decrease
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