Questions 4 and 5 are based on the following information: As of December 1, 2021, X Company had produced and sold 62,000 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 $725,400 Per-Unit $11.70 465,000 7.50 260,400 4.20 161,200 2.60 $99,200 $1.60 Analysis of cost of goods sold reveals that $347,200 of it was variable; a similar analysis of selling & administrative costs reveals that $93,000 of it was fixed. On December 2, a company offered to buy 4,850 units for $10.35 each. Because the special order product was slightly different than the regular product, direct material costs were expected to increase by $0.25 per unit, and some special equipment would have to be rented for a total of $16,000. 4. What would profit have been on the special order? A: $419 OB: $490 OC: $573 OD: $671 E: $785 F: $918 Submit Answer Tries 0/99 5. If X Company had accepted the special order, it would have had to lower the selling price of its regular product by $0.42 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by A: $5,891 B: $8,542 C: $12,385 D: $17,959 E: $26,040 F: $37,758 Submit Answer Tries 0/99