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Questions 1 and 2 refer to the following information: Near the end of 2020, X Company had produced 62,000 units of its only product and

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Questions 1 and 2 refer to the following information: Near the end of 2020, X Company had produced 62,000 units of its only product and had sold them for $13.13 each. Per- unit costs were: Direct $2.00 materials Direct labor 1.70 Variable 3.00 overhead Fixed 1.90 overhead Variable selling and 1.10 administration Fixed selling and 1.50 administration Total $11.20 Just before the year ended, a company offered to buy 4,28 units at a price that was $1.20 less than the regular selling price. X Company had the capacity to produce the additional 4,280 units, but because the special order product was slightly different than the regular product, direct material costs were expected to decrease to $1.75 per unit, and some special equipment would have to be rented for a total of $19,000. 1. What would profit have been on the special order? 13,314 Submit Answer Incorrect. Tries 1/3 Previous Tries 2. Assume that X Company's marketing manager thought that if the company had accepted the special order, regular sales in 2021 would have fallen by 1,004 units. If the marketing manager was correct, the effect of this fall in regular sales would been to decrease company profit in 2021 by 73,195 Submit Answer Incorrect. Tries 2/3 Previous Tries

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