Questions 4 and 5 are based on the following information: As of December 1, 2021, X Company had produced and sold 60,400 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 Per-Unit $13.39 Total $808,756 531,520 8.80 277,236 4.59 163,080 $114,156 2.70 $1.89 Analysis of cost of goods sold reveals that $120,800 of it was fixed; a similar analysis of selling & administrative costs reveals that $72,480 of it was variable. On December 2, a company offered to buy 4,060 units for $12.01 each. Because the special order product was slightly different than the regular product, direct material costs were expected to decrease by $0.20 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? OA: $358 OB: $520 OC: $754 OD: $1,093 OE: $1,584 OF: $2,297 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 to $12.94 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by OA: $27,180 B: $31,801 OC: $37,207 OD: $43,532 OE: $50,932 OF: $59,591 Submit Answer Tries 0/99