Questions 4 and 5 are based on the following information: As of December 1, 2021, X Company had produced and sold 62,500 units of its only product. The following is the company's December 1 Income Statement: Per- Total Unit $13.00 9.00 4.00 Sales $812,500 Cost of goods 562,500 sold Gross profit 250,000 Selling & administrative 150,000 costs Profit $100,000 2.40 $1.60 Analysis of cost of goods sold reveals that $131,250 of it was fixed; a similar analysis of selling & administrative costs reveals that $87,500 of it was variable. On December 2, a company offered to buy 4,500 units for $11.77 each. Because the special order product was slightly different than the regular product, direct material costs were expected to decrease by $0.10 per unit, and some special equipment would have to be rented for a total of $18,000. 4. What would profit have been on the special order? 1935 Submit Answer Incorrect. Tries 1/4 Previous Tries 5. If X Company had accepted the special order, it would have had to lower the selling price of its regular product to $12.41 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by