s 4 and 5 are based on the following information: As of December 1, 2021, X Company had produced and sold 66,600 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 $941,724 Per-Unit $14.14 599,400 9.00 342,324 5.14 146,520 $195,804 2.20 $2.94 Analysis of cost of goods sold reveals that $146,520 of it was fixed; a similar analysis of selling & administrative costs reveals that $73,260 of it was variable. On December 2, a company offered to buy 4,670 units for $12.84 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 $15,000. 4. What would profit have been on the special order? Submit Answer Tries 0/4 5. If X Company had accepted the special order, it would have had to lower the selling price of its regular product by $0.55 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by