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Exercise 22-11 Naylor Company had $155,800 of net Income in 2016 when the selling price per unit was $152, the varlable costs per unit were
Exercise 22-11 Naylor Company had $155,800 of net Income in 2016 when the selling price per unit was $152, the varlable costs per unit were $92, and the fixed costs were $571,800, Management expects per unit data and total foxed costs to remalin the same In 2017, The president of Naylor Company is under pressure from stockholders to increase net income by $64,000 in 2017 th se net ncoms unit total fixed co m stocdshelders to incrs Compute the number of units scld in 2016. (Round answer to 0 decimal places, e.g. 1,225.) units Compute the number of units that would have to be sold in 2017 to reach the stockholders' desired profit level units 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 laval? (Round answer to 2 decimal places, e.g. 12.25.) New se ing price
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