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  3. during the year, x company produced and sold 67,90

During the year, X Company produced and sold 67,900 units of one of its products....

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Accounting

During the year, X Company produced and sold 67,900 units of one of its products. The following is the related revenue and cost information:

Revenue $1,222,200
Cost of goods sold 557,459
Selling and administrative costs 247,835
Profit $416,906

Total variable cost of goods sold were $401,968, and total variable selling and administrative costs were $163,639.

At the end of the year, a company offered to buy 4,950 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: $4,224 B: $5,618 C: $7,472 D: $9,937 E: $13,216 F: $17,578
Tries 0/99

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 $0.43. 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: $17,907 B: $20,235 C: $22,866 D: $25,838 E: $29,197 F: $32,993

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