8 Exercise 11 Joel Co. had sales per unit of $8 and a variable costs per unit of $4. Its fixed costs total $1500 and it wants to earn a target net income (TNI) of $6000 after taxes. Assuming a tax rate of 25%, calculate pre-tax TNI and calculate the following: 9 10 11 Sales required for TNI (in $) 12 13 Exercise 12 Todd Co. sells its product for $50 per unit. It has a contribution margin ratio of 0.3 and its fixed costs total $7500. If Todd Co. wants to earn a pre-tax net income of $15000 how many units must be sold? 14 15 16 17 18