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Pharoah Company had $210,000 of operating income in 2022, when the selling price per unit was $142, the variable costs per unit were $92, and
Pharoah Company had $210,000 of operating income in 2022, when the selling price per unit was $142, the variable costs per unit were $92, and the xed costs were $415,000. Management expects per-unit data and total xed costs to remain the same in 2023. The president of Pharoah Company is under pressure from shareholders to increase operating income by $90,000 in 2023. ' V Your answer is correct. Calculate the number of units sold in 2022. Units sold 12500 units ' / Your answer is correct. Calculate the number of units that would have to be sold in 2023 to reach the shareholders' desired operating income. {Round answer to 0 decimal places, es. 125.) Target Sales 14300 units | X Youranswerisincorrect. | Assume that Pharoah Company sells the same number of units in 2023 as it did in 2022. What would the selling price have to be in order to reach the shareholders' desired operating income? {Round answer to 2 decimal places, 8.3. 15.25.) Required selling price $
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