As of December 1, 2021, X Company had produced and sold 67,500 units of its only product. The following is the company's December 1 Income Statement: Sales Cost of goods sold Gross profit Selling & administrative costs Profit Total $886,275 614,250 272,025 162,000 $110,025 Per-Unit $13.13 9.10 4.03 2.40 $1.63 Analysis of cost of goods sold reveals that $479,250 of it was variable; a similar analysis of selling & administrative costs reveals that $67,500 of it was fixed. On December 2, a company offered to buy 4,710 units for $11.77 each. Because the special order product was slightly different than the regular product, direct material costs were expected to increase by $0.10 per unit, and some special equipment would have to be rented for a total of $16,000. 4. What would profit have been on the special order? Submit Answer Tries 0/4 5. If X Company had accepted the special order, it would have had to lower the selling price of its regular product by $0.35 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by Submit Answer Tries 0/4