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Pittsboro Corporation produces and sells a single product. Data for that productare: Sales price per unit $500 Variable cost per unit $220 Fixed expenses for
Pittsboro Corporation produces and sells a single product. Data for that productare:
Sales price per unit
$500
Variable cost per unit
$220
Fixed expenses for the month
$1,000,000
Currently selling
4,000 units
Management is discussing increasing the price to$525 to cover an increase in fixed expenses of$80,000. Management believes they might lose2% of sales per month.
How many units per month would the company have to sell to maintain its current level of operatingincome? Round up to the nearest whole unit.
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