Blossom Company had $$215,300$ of net income in $2021$ when the unit selling price was $$150,$ the unit variable costs were $$90,$ and the

fixed costs were $$570,700.$ Management expects per unit data and total fixed costs to remain the same in $2022.$ The president of

Blossom Company is under pressure from stockholders to increase net income by $$39,300$ in $2022.$

$($a$)$

Your answer is correct.

Compute the number of units sold in $2021.$

Sales in $2021$

units

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Attempts: $1$ of $3$ used

$($b$)$

Correct Answer

Your answer is correct.

Compute the number of units that would have to be sold in $2022$ to reach the stockholders' desired net income.

Units needed in $2022$

units

Assume that Blossom Company sells the same number of units in $2022$ as it did in $2021.$ What would the unit selling price have to

be in order to reach the stockholders' desired net income, assuming the unit variable costs and fixed costs remain at $2021$ levels?