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  3. during the year, x company produced and sold 64,30

During the year, X Company produced and sold 64,300 units of one of its products....

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Accounting

During the year, X Company produced and sold 64,300 units of one of its products. The following is the related revenue and cost information:

Revenue $1,221,700
Cost of goods sold 576,128
Selling and administrative costs 254,628
Profit $390,944

Total variable cost of goods sold were $430,810, and total variable selling and administrative costs were $176,825.

At the end of the year, a company offered to buy 4,000 units but was only willing to pay $11.00 each.

4. If X Company had accepted the special order, firm profits would have increased by

A: $2,540 B: $3,174 C: $3,968 D: $4,960 E: $6,200 F: $7,750
Answer Submitted: Your final submission will be graded after the due date. Tries 1/99 Previous Tries

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 $0.56. 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

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