As of December 1, 2021, X Company had produced and sold 66,600 units of its only product. The following is the company's December 1 Income Statement: Total Per-Unit Sales $932,400 $14.00 Cost of goods sold 579,420 8.70 Gross profit 352,980 5.30 Selling & administrative costs 153,180 2.30 Profit $199,800 $3.00 Analysis of cost of goods sold reveals that $133,200 of it was fixed; a similar analysis of selling & administrative costs reveals that $66,600 of it was variable. On December 2, a company offered to buy 4,570 units for $12.66 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 $15,000. 4. What would profit have been on the special order? OA: $2,976 OB: $3,482 OC: $4,074 OD: $4,766 OE: $5,577 OF: $6,525 Submit Answer Tries 0/99 5. If X Company had accepted the special order, it would have had to lower the selling price of its regular product by $0.50 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by OA: $21,312 OB: $26,640 OC: $33,300 OD: $41,625 OE: $52,031 OF: $65,039 Submit Answer Tries 0/99