SALES (401630 UNITS) $4016300
COST OF GOODS SOLD 2398560
GROSS PROFIT 1617740
OPERATING EXPENSES 895590
NET INCOME 722150 Cost of goods sold was 66% variable and 34% fixed. Operating expenses were also 66% variable and 34% fixed. In September Wyco Company receives a special order for 41000 toasters at $6.60 each from Ortiz Company of Mexico City. Acceptance of the order would result in
$8050 of shipping costs but no increase in fixed operating expenses. Complete the incremental analysis for the special order. (If an amount is blank enter 0 all boxes must be filled to be correct. If the impact on net income is a
decrease use either a negative sign in front of the number e.g. -45 or parenthesis e.g. (45). Enter all other amounts as positive amounts and subtract where
necessary. Round your answers to 0 decimal places e.g. 5210 round your computations of unit costs to 3 decimal places e.g. 5.525.) REJECT ORDER ACCEPT ORDER NET INCOME INCREASE (DECREASE)
REVENUES ??? ??? ???
COST OF GOODS SOLD ??? ??? ????
OPERATING EXPENSE ?????? ??? ???
NET INCOME ??? ???? ??? WYCO COMPANY SHOULD ACCEPT/REJECT???? THE ORDER.