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Bramble Corp. reported the following results from the sale of 5600 hammers in May: sales $224000, variable costs $134400, fixed costs $60000, and net income
Bramble Corp. reported the following results from the sale of 5600 hammers in May: sales $224000, variable costs $134400, fixed costs $60000, and net income $29600. Assume that Bramble increases the selling price of hammers by 10% on June 1. How many hammers will have to be sold in June to maintain the same level of net income?
a 4480
b 5600
c 4734
d 5091
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