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Sheridan Company had $247.500 of net income in 2021 when the unit selling price was $156, the unit variable costs were $96 and the fixed

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Sheridan Company had $247.500 of net income in 2021 when the unit selling price was $156, the unit variable costs were $96 and the fixed costs were $574,500. Management expects per unit data and total fixed costs to remain the same in 2022. The president of Sheridan Company is under pressure from stockholders to increase net income by $41.100 in 2022. (a) Compute the number of units sold in 2021. Sales in 2021 units e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score 10% score reduction after attempt 2 (b) Compute the number of units that would have to be sold in 2022 to reach the stockholders' desired net income Units needed in 2022 units eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score 10% score reduction after attempt 2 (c) Assume that Sheridan Company sells the same number of units in 2022 as it did in 2021. What would the unit selling price have to be in order to reach the stockholders' desired net income, assuming the unit variable costs and fixed costs remain at 2021 levels? New unit selling price $ eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score 10% score reduction after attempt 2

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