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Texas Company produces and sells 22,000 units of a single product. Costs associated with this level of production are as follows:
Direct materials $15 per unit
Direct manufacturing labor $45 per unit
Variable manufacturing overhead $25 per unit
Fixed manufacturing overhead $40 per unit
Variable selling costs $10 per unit
The product normally sells for $160 per unit. Texas Company has received a special order to sell 2,000 units at $120 per unit. With the special order, variable selling costs will increase by $5 per unit to $15 per unit. Texas Company has excess production capacity.
Required:
Compute the amount by which the operating income of Texas Company would change if the special order was accepted.
Briefly explain why the stockholders' investment and revenues increased stockholders' equity, while dividends and expenses decreased stockholders' equity.
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it relates to income effects of receivables transactions.sandburg company needs additional cash for its business.
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