Cartwright Company is considering whether it should produce 8,000 units requested in a special order from a customer. The company has the capacity to produce the additional units without cutting into its existing sales. Cartwright estimates the following costs to produce one unit: Direct material $4.00 Direct labor 3.00 Variable Mfg. Overhead .50 Fixed Mfg. Overhead 2.00 The special order calls for a selling price of $8.00 per unit; the normal selling price is $15.00 per unit. At what selling price is Cartwright indifferent about taking the special order? Which of the following statements is not true? Multiple Choice Financial accounting would be used by outside auditors or investors. Managerial accounting is primarily geared towards external parties. Both financial and managerial accounting use the same underlying data. Managerial accounting is not governed by generally accepted accounting principles