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In 2 0 1 6 , Crane sold 1 0 0 0 units at $ 5 0 0 each, and earned net income of $

In 2016, Crane sold 1000 units at $500 each, and earned net
income of $40000. Variable expenses were $400 per unit, and fixed
expenses were $260000. The same selling price is expected for 2017.
Cranes variable cost per unit will rise by 10% in 2017 due to
increasing material costs, so they are tentatively planning to cut
fixed costs by $10000. How many units must Crane sell in 2017 to
maintain the same income level as 2016?2417322210004833

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