Please Correct answer With Explanation (a)Prepare an incremental analysis for the special order. (Round computations for per unit cost to 2 decimal places, e.g. 15.25 and all othercomputations and final answers to the nearest whole dollar, e.g. 5,725. Enter negative amounts using either a negative sign preceding thenumber e.g. -45 or parentheses e.g. (45).)RevenuesCost of goods soldOperating expensesNet incomeRejectOrder0000$$AcceptOrder$Net IncomeIncrease(Decrease) Blossom Company manufactures toasters. For the first 8 months of 2022, the company reported the following operating results whileoperating at 75% of plant capacity:Sales (336,000 units)Cost of goods soldGross profitOperating expensesNet income$4,372,0002.596,8001,775,200840,000$935,200Cost of goods sold was 70% variable and 30% fixed; operating expenses were 80% variable and 20% fixed.In September, Blossom receives a special order for 17,500 toasters at $7.90 each from Luna Company of Ciudad Juarez. Acceptance ofthe order would result in an additional $3,100 of shipping costs but no increase in fixed costs.

The incremental analysis is performed to compare the different options available with the business.…

Prepare an incremental analysis for the special order. (Round computations for per unit cost to 2 decimal places, e.g. 15.25 and all other computations and final answers to the nearest whole dollar, e.g. 5,725. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Revenues Cost of goods sold Operating expenses Net income LA U+ Reject Order 0 0 0 $ $ Accept Order VA JA Net Income Increase (Decrease)

Prepare an incremental analysis for the special order. (Round computations for per unit cost to 2 decimal places, e.g. 15.25 and all other computations and final answers to the nearest whole dollar, e.g. 5,725. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Revenues Cost of goods sold Operating expenses Net income LA U+ Reject Order 0 0 0 $ $ Accept Order VA JA Net Income Increase (Decrease)

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...

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