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4. If X Company had accepted the special order, firm profits would have increased by OE: OF: OA: OB: Oc: OD: $11,279 $14,099 $17,623 $22,029 $27,536 $34,420 Submit Answer Tries 0/99 5. There is concern that regular customers will find out about

4. If X Company had accepted the special order, firm profits would have increased by OE: OF: OA: OB: Oc: OD: $11,279 $14,099 $17,623 $22,029 $27,536 $34,420 Submit Answer Tries 0/99 5. There is concern that regular customers will find out about

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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During the year, X Company produced and sold 60,800 units of one of its products. The following is the related revenue and cost information: Revenue Cost of goods sold Selling and administrative costs Profit $1,155,200 493,696 266,912 Total variable cost of goods sold were $358,720, and total variable selling and administrative costs were $179,968. OB: A: Oc: $11,279 $14,099 $17,623 Submit Answer Tries 0/99 $394,592 At the end of the year, a company offered to buy 4,490 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 OA: OB: Oc: $8,252 $11,966 $17,351 Submit Answer Tries 0/99 OD: OE: OF: $22,029 $27,536 $34,420 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 $0.60. 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 OD: $25,159 OE: OF: $36,480 $52,896
Transcribed Image Text:During the year, X Company produced and sold 60,800 units of one of its products. The following is the related revenue and cost information: Revenue Cost of goods sold Selling and administrative costs Profit $1,155,200 493,696 266,912 Total variable cost of goods sold were $358,720, and total variable selling and administrative costs were $179,968. OB: A: Oc: $11,279 $14,099 $17,623 Submit Answer Tries 0/99 $394,592 At the end of the year, a company offered to buy 4,490 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 OA: OB: Oc: $8,252 $11,966 $17,351 Submit Answer Tries 0/99 OD: OE: OF: $22,029 $27,536 $34,420 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 $0.60. 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 OD: $25,159 OE: OF: $36,480 $52,896
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