Diamond Boot Factory normally sells its specialty boots for $25 a pair. An organization hosting a national event in Norfolk has offered to buy the boots for $10 per pair. The variable cost per boot is $30, 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. Should Diamond Boot Factory accept or reject the special offer?

To determine the differential income or loss per pair of boots from accepting or rejecting the special offer, we need to compare the costs and revenues associated with the offer and the organization's normal selling price.

Normal Selling Price: $25 per pair

Special Offer:

- Buying price: $10 per pair

- Cost of special stitching: $3 per pair

Differential Income or Loss per Pair of Boots:

Revenue from a special offer: $10 per pair

Cost of special stitching: $3 per pair

Differential Income or Loss per Pair of Boots = Revenue - Cost

Differential Income or Loss per Pair of Boots = $10 - $3

Differential Income or Loss per Pair of Boots = $7

Therefore, the differential income per pair of boots from accepting the special offer would be $7.

Now, to determine whether Dumond Boot Factory should accept or reject the special offer. The given statement ends abruptly, and there is no specific information provided about the organization hosting a national event in Norfolk or the applicable cost per boot. To make a decision, additional details about the costs, the potential volume of sales, and other relevant factors would be necessary.

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