Main Menu Contents Grades Chat Course Contents SECOND CHANCE EXAM 2 Questions 4 & 5 Questions 4 and 5 are based on the following information: As of December 1, 2021, X Company had produced and sold 63,200 units of its only product. The following is the company's December 1 Income Statement: Sales Cost of goods sold Gross profit Selling & administrative costs Profit Total $805,168 Per-Unit $12.74 556,160 8.80 249,008 3.94 145,360 2.30 $103,648 $1.64 Timer Notes Evaluate Feedback Print Analysis of cost of goods sold reveals that $423,440 of it was variable; a similar analysis of selling & administrative costs reveals that $63,200 of it was fixed. On December 2, a company offered to buy 5,000 units for $11.49 each. Because the special order product was slightly different than the regular product, direct material costs were expected to decrease by $0.15 per unit, and some special equipment would have to be rented for a total of $14,000. 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 $12.15 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by Submit Answer Tries 0/4