Diamond Boot Factory normally sells its specialty boots for $24 a pair. An offer to buy 125 boots for $16 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $9, and special stitching will add another $3 per pair to the cost. Determine the differential income or loss per pair of boots from selling to the organization. $fill in the blank 1    Income/Loss? Should Diamond Boot Factory accept or reject the special offer?  Yes or No

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Diamond Boot Factory normally sells its specialty boots for $24 a pair. An offer to buy 125 boots for $16 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $9, and special stitching will add another $3 per pair to the cost.

Determine the differential income or loss per pair of boots from selling to the organization.
$fill in the blank 1   

Income/Loss?

Should Diamond Boot Factory accept or reject the special offer?
 Yes or No 

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