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Question 10 of 11 5.67 / 10 Ivanhoe Company had $164,500 of net income in 2019 when the selling price per unit was $153, the
Question 10 of 11 5.67 / 10 Ivanhoe Company had $164,500 of net income in 2019 when the selling price per unit was $153, the variable costs per unit were $93, and the fixed costs were $573,500. Management expects per unit data and total fixed costs to remain the same in 2020. The president of Ivanhoe Company is under pressure from stockholders to increase net income by $36,900 in 2020. (a) Your answer is correct Compute the number of units sold in 2019. 12300 units kimmel9781119494850c18_sw_videos-sec-2008 e Textbook and Media Assistance Used Attempts: 1 of 3 used Using multiple attempts will impact your score. 5% score reduction after attempt 2 (b) Your answer is correct Compute the number of units that would have to be sold in 2020 to reach the stockholders' desired profit level. 12915 units eTextbook and Media Attempts: 1 of 3 used Using multiple attempts will impact your score. 5% score reduction after attempt 2 c) (c) Question 10 of 11
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