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During the year, X Company produced and sold 61,600 units of one of its products....

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Accounting

During the year, X Company produced and sold 61,600 units of one of its products. The following is the related revenue and cost information:

Revenue $1,108,800 Cost of goods sold 566,104 Selling and administrative costs 276,584 Profit $266,112

Total variable cost of goods sold were $437,360, and total variable selling and administrative costs were $189,112. At the end of the year, a company offered to buy 4,200 units but was only willing to pay $12.00 each.

4. If X Company had accepted the special order, firm profits would have increased by A: $1,847 B: $2,456 C: $3,267 D: $4,345 E: $5,779 F: $7,686

5. There is concern that regular customers will find out about the special order, and in order to retain all of the X Company's regular customers, the regular selling price would have to be reduced by $0.32. If the selling price were reduced and next year's unit sales turn out to be the same as this year's sales, firm profits would fall by

A: $14,400 B: $16,848 C: $19,712 D: $23,063 E: $26,984 F: $31,571

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