Questions 5, 6, and 7 refer to the following information Last year, X Company sold 67,400 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold $434,056 Variable Fixed 140,866 Selling and administrative Variable $79,532 Fixed 68,748 At the end of the year, a company offered to buy 4,710 units of the product but only for $12.00 each. X Company had the capacity to produce the additional units, and even though there would have been no additional selling and administrative costs, it rejected the offer. 5. If X Company had accepted the special order, firm profits would have increased by Tries 0/3 Submit Answer 6. X Company's production manager thought that the special order units might have required additional direct material and direct labor costs per unit of $0.71 and $0.24 respectively, and the rental of special equipment for $2,000. The combined effect of these changes would have been to reduce the special order profit by Tries 0/3 Submit Answer 7. X Company's marketing manager felt that in order for regular sales to continue at 67,400 units this year, the company would have had to reduce the regular selling price this year to $18.59. The result of this price reduction would have been to reduce X Company's profits this year by Tries 0/3 Submit