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Part C Exercise 19-14 (Part Level Submission) Naylor Company had $154,300 of net income in 2016 when the selling price per unit was $154, the
Part C
Exercise 19-14 (Part Level Submission) Naylor Company had $154,300 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 $572,500. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Naylor Company is under pressure from stockholders to increase net income by $61,900 in 2017. Your answer is correct. Compute the number of units sold in 2016. (Round answer to 0 decimal places, e.g. 1,225.) 12114 units SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Attempts: 1 of 3 used ? (b) Your answer is correct. Compute the number of units that would have to be sold in 2017 to reach the stockholders' desired profit level 13145 units SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Attempts: 1 of 3 used 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? (Round answer to 2 decimal places, e.g. 12.25.) New selling price LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Attempts: 0 of 3 usedStep by Step Solution
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