Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help on b) please. Question 6 Johansen Company had $200,000 of operating income in 2020, when the selling price per unit was $159, the

need help on b) please. image text in transcribed
image text in transcribed
Question 6 Johansen Company had $200,000 of operating income in 2020, when the selling price per unit was $159, the variable costs per unit were $109, and the fixed costs were $425,000. Management expects per-unit data and total fixed costs to remain the same in 2021. The president of Johansen Company is under pressure from shareholders to increase operating income by $80,000 in 2021. (a) Your answer is correct Calculate the number of units sold in 2020. Units sold 12500 units sHOW SOLUTION UNK TO TEXT LENK TO TEXT (b) Your answer is incorrect. Try again. Calculate the number of units that would have to be sold in 2021 to reach the shareholders' desired profit level. (Round answer to o decimal places, e.g. 125.) Target Sales units LINK TO TEXY LINK TO TEXT

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Humor And Other Oxymorons

Authors: Mr Mike Jacka

1st Edition

0991280903, 978-0991280902

More Books

Students also viewed these Accounting questions