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dina Corp uses a job Problems Problem 1 Holder Manufacturing had $125,000 of net income in 2012 whan the selling price per unit was $100,

dina Corp uses a job
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Problems Problem 1 Holder Manufacturing had $125,000 of net income in 2012 whan the selling price per unit was $100, the variable costs per unit were $70, and the fixed costs were $475,000. Management expects per unilt data and total fixed costs to remain the same in 2013. The president of Holder Manufacturing is under pressure from stockholders to increase net income by $80,000 in 2013 Instructions (a) Compute the number of units sold in 2012 (b) Compute the number of units that would have to be sold in 2013 to reach the stockholders desired profit level (o) Assume that Holder Manufacturing selils the same number of units in 2013 as it did in 2012. What woud selling price have to be in order to reach the stockholders' desired profit level. Problem 2 Gallery Corporation makes two products, footbais and basebails. Additional information follows FootballsBasebals 2,500 $60,000$25,000 24,000 13,750 2,000 Units Sales Variable costs Fixed costs Net income Yards of leather per unt Proft per unit Contribution margin per unit $26.0008.000 $18.00 $4.50 Assume that Gallery is able to order an additional 2,500 yards of leather and wishes to maximize its income Of the additional units it produces, at least 400 of each product are necessary for sales

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