Grant Industries, a manufacturer of electronic parts, has recently received an invitation to bid on a special order for 22,500 units of one of its most popular products. Grant currently manufactures 45,000 units of this product in its Loveland, Ohio, plant. The plant is operating at 50% capacity. There will be no marketing costs on the special order. The sales manager of Grant wants to set the bid at $9 because she is sure that Grant will get the business at that price. Others on the executive committee of the firm object, saying that Grant would lose money on the special order at that price Units 45,000 67,500 Manufacturing costs: Direct materials Direct labor Factory overhead $ 90,000 $135,000 135,000 202,500 337,500 $495, 000 $675,000 10 270,000 Total manufacturing costs Unit cost 11 $ Required 2. What would be the Relevant cost per unit if the order is accepted at the price recommended by the sales manager? What do you think the minimum (short-term) bid price should be? 4. What would the total opportunity cost be if by accepting the special order the company lost sales of 6,300 units to its regular customers? Assume the preceding facts plus a normal selling price of $20 per unit. Complete this question by entering your answers in the tabs below. Required 2 Required 4 What would be the Relevant cost per unit if the order is accepted at the price recommended by the sales manager? What do you think the minimum (short-term) bid price should be? Relevant cost per unit Bid price per unit should be any price above Change in short-term operating income What would the total opportunity cost be if by accepting the special order the company lost sales of 6,300 units to its regular customers? Assume the preceding facts plus a normal selling price of $20 per unit. Total opportunity cost