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Sunland Company had $255,800 of net income in 2019 when the selling price per unit was $150, the variable costs per unit were $90, and
Sunland Company had $255,800 of net income in 2019 when the selling price per unit was $150, the variable costs per unit were $90, and the fixed costs were $572,200. Management expects per unit data and total fixed costs to remain the same in 2020. The president of Sunland Company is under pressure from stockholders to increase net income by $82,800 in 2020. Your answer is correct. Compute the number of units sold in 2019. 13,800 units SHOW SOLUTIONSHOW ANSWER LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE Your answer is correct. Compute the number of units that would have to be sold in 2020 to reach the stockholders' desired profit level. 15,180 units Your answer is incorrect. Try again Assume that Sunland Company sells the same number of units in 2020 as it did in 2019. What would the selling price have to be in order to reach the stockholders' desired profit level? New selling price 165 Click if you would like to Show Work for this question: Open Show Work
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