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Use the information below to answer the following two questions: Harmony, Inc. makes and sells humidifiers. They never hold inventories. Last year, its net operating

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Use the information below to answer the following two questions: Harmony, Inc. makes and sells humidifiers. They never hold inventories. Last year, its net operating income (NOI) was $38,000. The following additional information is available about last year: 1,600 units Units Sold Unit Selling Price Product Cost per Unit (under GAAP) Fixed Manufacturing Overhead Variable Selling and Administrative Cost per Unit Fixed Selling and Administrative Cost 11,200 6 Assuming the same cost structure, approximately how many units would the company need to sell to earn net operating income of S45,000? 2,250 1,800 1,606 1,196 E. None of the above B C

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