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Mathematics, 23.03.2020 22:59 DarcieMATHlin2589
Moonbeam Company manufactures toasters. For the first 8 months of 2017, the company reported the following operating results while operating at 75% of plant capacity: Sales (349,000 units) $4,370,000 Cost of goods sold 2,590,000 Gross profit 1,780,000 Operating expenses 839,000 Net income $941,000 Cost of goods sold was 65% variable and 35% fixed; operating expenses were 75% variable and 25% fixed. In September, Moonbeam Company receives a special order for 15,000 toasters at $7.50 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $2,900 of shipping costs but no increase in fixed costs.
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Moonbeam Company manufactures toasters. For the first 8 months of 2017, the company reported the fol...
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