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Martinez Company had $152,000 of net income in 2016 when the selling price per unit was $154, the variable costs per unit were $94, and
Martinez Company had $152,000 of net income in 2016 when the selling price per unit was $154, the variable costs per unit were $94, and the fixed costs were $571,700. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Martinez Company is under pressure from stockholders to increase net income by $64,100 in 2017.
Compute the number of units sold in 2016. (Round answer to O decimal places, e.g. 1,225.) T 120621 units Compute the number of units that would have to be sold in 2017 to reach the stockholders' desired profit level. unitsStep by Step Solution
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