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Crane Co. had a net loss of $150.000 in 2021 when the selling price per unit was $40, the variable costs per unit were $25,
Crane Co. had a net loss of $150.000 in 2021 when the selling price per unit was $40, the variable costs per unit were $25, and the fixed costs were $600.000. Management expects per unit data and total fixed costs to be the same in 2022. Management has set a goal of earning a net income of $75.000 in 2022 (a) Your answer has been saved. See score details after the due date Compute the units sold in 2021. Units sold in 2021 30000 units Attempts: 1 of 1 used (b) Your answer has been saved. See score details after the due date. Compute the quantity of units that would have to be sold in 2022 to reach management's desired net income level. Units sold in 2022 45000 units Attempts: 1 of 1 used (c) Assume that Crane sells the same quantity of units in 2022 as it did in 2021. What would the selling price have to be in order to reach the target net income? Use the mathematical equation (Round answer to 2 decimal places, eg. 52.75.) Selling price $
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