ThreePoint Sports Inc. manufactures basketballs for the Women’s National Basketball Association (WNBA). For the first 6 months of 2017, the company reported the following operating results while operating at 80% of plant capacity and producing 119,400 units.
|Cost of goods sold||3,570,084|
|Selling and administrative expenses||487,442|
Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $257,000. In July, normally