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Dsetermine what will be the effect on net income

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Reference no: EM132514592

Imaginary Company has no beginning and ending inventories, and has the following data about its only product:

Fixed manufacturing costs              $92,000

Fixed selling and administrative costs $69,000

Variable manufacturing costs           $1,030,000

Variable selling and administrative costs $120,000

Selling price (per unit)                            $125

Current units produced and sold                23,000

Question 1: Assume that Imaginary Company can produce at most 24,000 units. The company has received a special order for 1,500 units at $60.00 per unit. If the special order is accepted, what will be the effect on net income?

Reference no: EM132514592

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