At the end of the year, a company offered to buy 4,640 units of a product from X Company for $11.00 each instead of the company's regular price of $17.00 each. The following income statement is for the 61,200 units of the product that X Company has already made and sold to its regular customers: Sales Cost of goods sold Gross margin Selling and administrative costs Profit $1,040,400 518,976 $521,424 156,060 $365,364 For the year, variable cost of goods sold were $381,276, and variable selling and administrative costs were $75,888. The special order product has some unique features that will require additional material costs of $0.80 per unit and the rental of special equipment for $4,500. 4. Profit on the special order would be 26310 Submit Answer Incorrect. Tries 2/3 Previous Tries