The following infomation is for three of X Company's products: Product A Product B Product C Contribution margin rate Fixed costs Profit 0.36 0.39 0.43 $27,850 $50,365 $24,652 $6,962 $-4,579 $10,565 Sales of Product B were $117,400, but X Company is still considering dropping it because of its reported loss. If it does, $25,182 of the fixed costs associated with it can be avoided, and sales of Product C can be increased by $43,700. If X Company does drop Product B and increases sales of Product C, X Company's profits will change by As of December 1, 2021, X Company had produced and sold 61,400 units of its only product. The following is the company's December 1 Income Statement: Total Per-Unit Sales Cost of goods sold Gross profit Selling & administrative costs Profit $854,074 $13.91 571.020 9.30 283,054 4.61 178,060 2.90 $104,994 $1.71 Analysis of cost of goods sold reveals that $435,940 of it was variable; a similar analysis of selling & administrative costs reveals that $85,960 of it was fixed. On December 2, a company offered to buy 4,560 units for $12.68 each. Because the special order product was slightly different than the regular product, direct material costs were expected to decrease by $0.15 per unit, and some special equipment would have to be rented for a total of $17,000. 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 to $13.34 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by Submit Answer Tries 0/4