Division 1-A2 of JPT, Inc. reported the following information during 2024: selling price per unit .................... $25 variable costs per unit ................... $ 7 minimum required rate of return ........... 16% turnover .................................. 1.80 fixed costs ............................... $148,500 units sold ................................ 18,000 Part A.) Calculate the residual income reported by Division 1-A2 in 2024.

Part B.)

Calculate the number of units Division 1-A2 needed to sell in 2024 in order to have a margin equal to 27%.