Right Fit Jeans Co. sells blue jeans wholesale to major retailers across the country. Each pair of jeans has a selling price of $40 with $30 in variable costs of goods sold. The company has fixed manufacturing costs of $1,050,000 and fixed marketing costs of $150,000. Sales commissions are paid to the wholesale sales reps at 10% of revenues. The company has an income tax rate of 20%. Read the requirements. 1,200,000 0.00 200,000 Requirement 2a. How many jeans must the company sell in order to reach a target operating income of $300,000? Select the formula labels, enter the amounts and calculate the number of jeans required to be sold to reach a target operating income of $300,000. (Round your answer up to the nearest whole unit.) ( Fixed costs + ( $ 1,200,000 Target operating income 300,000 ) ) Contribution margin per unit 6.00 = Quantity of units required to be sold 250,000 Requirement 2b. How many jeans must the company sell in order to reach net income of $300,000? Now, select the formula labels, enter the amounts and calculate the number of jeans required to be sold to reach net income of $300,000. (Round your answer up to the nearest whole unit.) ( Fixed costs + ( $ 1,200,000 + $ Target operating income 375,000 ) ) Contribution margin per unit = 6.00 = Quantity of units required to be sold 262,500 Requirement 3a. How many jeans would Right Fit have to sell to earn the net income in part 2b if the contribution margin per unit increases by 20%. Select the formula labels, enter the amounts and calculate the number of jeans required to earn the net income in part 2b if the contribution margin per unit increases by 20%. (Round your answer up to the nearest whole unit.) + + Quantity of units = required to be sold