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A foreign company whose sales will not affect thompsons

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Reference no: EM13596078

Thompson Company had the following results of operations for the past year:

  • Sales (16,000 units at $10) $160,000
  • Direct materials and direct labor $96,000
  • Overhead (20% variable) 16,000
  • Selling and administrative expenses (all fixed) 32,000 (144,000)
  • Operating income $16,000

A foreign company (whose sales will not affect Thompson's market) offers to buy 4,000 units at $7.50 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $600 and selling and administrative costs by $300. If Thompson accepts the offer, its profits will:

Reference no: EM13596078

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