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ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6

Posted: Wed Jul 06, 2022 6:27 am
by answerhappygod
Threepoint Sports Inc Manufactures Basketballs For The Women S National Basketball Association Wnba For The First 6 1
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Threepoint Sports Inc Manufactures Basketballs For The Women S National Basketball Association Wnba For The First 6 2
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ThreePoint Sports Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2020, the company reported the following operating results while operating at 80% of plant capacity and producing 120,100 units. Sales Cost of goods sold Selling and administrative expenses Net income Amount (a) & (b) $4,804,000 3,484,502 448,773 $870,725 Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $241,000. In July, normally a slack manufacturing month, ThreePoint Sports receives a special order for 10,000 basketballs at $28 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.77 per unit because of shipping costs but would not increase fixed costs and expenses.
Net income (b) Should ThreePoint Sports Inc. accept the special order? (c) Yes eTextbook and Media Minimum selling price $ 0 eTextbook and Media Save for Later 44300 What is the minimum selling price on the special order to produce net income of $5.06 per ball? (Round answer to 2 decimal places e 15.25) 44800 Attempts: 2 of 5 used Attempts: 0 of 5 used Submit Answer couring uniper Question 2 Accoung M Question 3 Accounting Drop Question 4 Accoung Dragdin Viewing Question 5 Actoutong Mus