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Swifty Company had $153,500 of net income in 2016 when the selling price per unit was $150, the variable costs per unit were $90, and
Swifty Company had $153,500 of net income in 2016 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 2017. The president of Swifty Company is under pressure from stockholders to increase net income by $65,200 in 2017 (a) Your answer is correct. Compute the number of units sold in 2016. (Round answer to o decimal places, e.g. 1,225.) 12095 units SHOW SOLUTION LINK TO TEXT VIDEOLANDS Attempts: 2 of 10 used (b) Compute the number of units that would have to be sold in 2017 to reach the stockholders' desired profit level units LINK TO TEXT Attempts: 0 of 10 used
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