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4. For 2017 the selling price per lamp will be $45.00. The company would like to have an operating income equal to 26% of sales.
4. For 2017 the selling price per lamp will be $45.00. The company would like to have an operating income equal to 26% of sales. If that is to be achieved, what would be the sales in units in 2017? Sales in units (Round up to zero places XXX, XXX units) 5. For 2017, if the company believes that it could only sell 25,000 lamps, what would the new selling price have to be so that the new contribution margin per unit is equal to last year's contribution margin per unit? New Selling Price (Round up to two places $XXX,XXX.XX) 6. For 2017, the selling price per lamp will be $45.00. How many units must be sold to generate an net income of $264,000 assuming the tax rate of 40%? Sales in units (Round up to zero places XXX,XXX units) 7. For 2017, if the company believes that the demand will be 27,500 units for the year. What selling price per lamp, rounded to two places, would generate an operating income of $824,500? New Selling Price (Round up to two places $XXX,XXX.XX)
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