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Questions 5 and 6 refer to the following information At the end of the year, a company offered to buy 4,770 units of a product
Questions 5 and 6 refer to the following information At the end of the year, a company offered to buy 4,770 units of a product from X Company for a special price of $11.00 each instead of the company's regular price of $18.00 each The following information relates to the 70,000 units of the product that X Company made and sold to its regular customers during the year: Cost of goods sold Period costs Total Per-Unit $8.39 2.93 Total $587,300 205,100 $11.32 $792,400 Fixed cost of goods sold for the year were $130 900 and fixed period costs were $102 900 Variable period costs include se in commissions equal to 2% of revenue. 5. Profit on the special order is 1526.4 Submit Answer Incorrect. Tries 4/5 Previous Tries 6. Assume the following two changes for the special order: 1) variable cost of goods sold will increase by $0.82 per unit, and 2) there will be no selling commissions. What will be the effect of these two changes on the special order profit? -3720.6 Submit Answer Incorrect. Tries 2/5 Previous Tries
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