Exercise 18-14 (Part Level Submission) Naylor Company had $150,700 of net income

Question

Exercise 18-14 (Part Level Submission) Naylor Company had $150,700 of net income in 2016 when the selling price per unit was $151, the variable costs per unit were $91, and the txed costs were $571,800. Nay or Company is under pressure trom stockholders to increase net ncome by $65,400 in 2017. Management expects per unit data and total fixed costs to remain the same in 2017. The president of n 2017. The Your answer is correct. Compute the number ot units sold in 2016. (Round answer to O decimal placos, og. 1,225. 12041 units Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Attempts: 1 of 15 used ] Your answer is correct. Compute the number of units that would have to be sold in 2017 to reach the stockholders' desired prot level. to reacn 13131 units Click if you would like to Show Work for this question: this quest on: Open Show Work Open Show Work LINK TO TEXT LINK TO TEXT Attempts: 1 of 15 used

Explanation / Answer

(c) Selling price per unit = Variable cost per unit + Contribution per unit

Selling price per unit = $91 + $787,900/12,041 = $156.43

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