(Solved):XYZ manufactures footballs. The forecasted income statement for the year before any special…

 

Question

XYZ manufactures footballs. The forecasted income statement for the year before any special orders included:

Sales are projected at $4,248,000 (total), $12.00 (per unit).

Manufacturing cost of goods sold is anticipated to be $3,255,000

Selling expenses are expected to be $315,000

Operating income is projected at $514,000

Fixed costs included in the above-forecasted amounts are: Manufacturing cost of goods sold $1,239,000. Selling expenses $105,000 Rayco is offering a special order to buy 53,000 footballs for

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