As of December 1, 2021, X Company had produced and sold 63,600 units of its only product. The following is the company's December 1 Income Statement: Total Per-Unit Sales Cost of goods sold Gross profit $890,400 $14.00 546,960 8.60 343,440 5.40 Selling & administrative costs Profit 159,000 $184,440 2.50 $2.90 Analysis of cost of goods sold reveals that $419,760 of it was variable; a similar analysis of selling & administrative costs reveals that $89,040 of it was fixed. On December 2, a company offered to buy 4,970 units for $12.73 each. Because the special order product was slightly different than the regular product, direct material costs were expected to increase by $0.25 per unit, and some special equipment would have to be rented for a total of $17,000. 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 to $13.58 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by Submit Answer Tries 0/4