As of December 1, 2021, X Company had produced and sold 68,300 units of its only product. The following is the company's December 1 Income Statement: Total Per- Unit Sales $879,021 $12.87 Cost of goods 587,380 8.60 sold Gross profit 291,641 4.27 Selling & administrative 163,920 2.40 costs Profit $127,721 $1.87 Analysis of cost of goods sold reveals that $150,260 of it was fixed; a similar analysis of selling & administrative costs reveals that $75,130 of it was variable. On December 2, a company offered to buy 4,310 units for $11.61 each. Because the special order product was slightly different than the regular product, direct material costs were expected to decrease 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 to $12.47 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by 851701 Submit Answer Incorrect. Tries 1/4 Previous Tries