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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 food costs were $572,200. Management expects per unit data and total foxed 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 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
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