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Assignment Saved Adams Company produces a product that has a variable cost of $25 per unit and a sales price of $55 per unit.

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Assignment Saved Adams Company produces a product that has a variable cost of $25 per unit and a sales price of $55 per unit. The company's annual fixed costs total $730,000. It had net income of $290,000 in the previous year. In an effort to increase the company's market share, management is considering lowering the selling price to $49 per unit. Required a. If Adams desires to maintain net income of $290,000, how many additional units must it sell to justify the price decline? b. Assume that in addition to lowering its selling price to $49, Adams also desires to increase its net income by $72,000. Determine the number of units the company must sell to earn the desired income. Complete this question by entering your answers in the tabs below. Required A Required B Assume that in addition to lowering its selling price to $49, Adams also desires to increase its net income by $72,000. Determine the number of units the company must sell to earn the desired income.. Number of units sold < Required A Required B

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