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Question - Cliffy Industries 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 $40,000
The product normally sells for $160 per unit. Cliffy Industries has received a special order to sell 2,500 units at $130 per unit. Cliffy Industries has excess production capacity.
Required -
1. Should the special order be accepted? Explain why or why not.
2. How much will the operating income of Cliffy Industries change if the special order is accepted? Show your calculations.
3. What are the other factors Cliffy Industries should consider? Discuss.
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