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Exer E22-11 Naylor Company had $210,000 of net income in 2016 when the selling price per Compute variou unit was S150, the variable costs per

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Exer E22-11 Naylor Company had $210,000 of net income in 2016 when the selling price per Compute variou unit was S150, the variable costs per unit were $90, and the fixed costs were $570,000. to derive target net in Management expects per unit data and total fixed costs to remain the same in 2017. The under different assum president of Naylor Company is under pressure from stockholders to increase net income L04,5) by $52,000 in 2017. Instructions (a) Compute the number of units sold in 2016. (b) Compute the number of units that would have to be sold in 2017 to reach the stock- holders' desired profit level. Assume that Naylor Company sells the same number of units in 2017 as it did in 2016. What would the selling price have to be in order to reach the stockholders' desired profit level? (c) onth of August: net income under (LO 5) point

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