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Question - Near the end of 2020, X company had produced and sold 69,800 units of its only product. Costs for these units were:
Total
Per-Unit
Direct materials
$139,600
$2.00
Direct labor
69,800
1.00
Variable overhead
223,360
3.20
Fixed overhead
125,640
1.80
Variable selling and administration
88,646
1.27
Fixed selling and administration
97,720
1.40
$744,766
$10.67
A company offered to buy 4260 units for $13.86 each. X company had the capacity to produce the additional 4260 units, but because the special-order product was slightly different than the regular product, direct materials costs were expected to increase to $2.20 per unit and some special equipment would have to be rented for a total of $13,000.
Required -
A) What would Prophet have been on the special order?
B) The price of its regular product is normally set at 30% above total manufacturing cost per unit, but it would have to reduce it to $9.93 per unit. The effect of lowering the selling price would have been to decrease company profits by?
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