During the year, X Company produced and sold 67,300 units of one of its products....
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Accounting
During the year, X Company produced and sold 67,300 units of one of its products. The following is the related revenue and cost information:
| Revenue | $1,211,400 | ||
| Cost of goods sold | 556,571 | ||
| Selling and administrative costs | 287,371 | ||
| Profit | $367,458 | ||
Total variable cost of goods sold were $435,431, and total variable selling and administrative costs were $187,094.
At the end of the year, a company offered to buy 4,920 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 ?
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