Low Battery Your Mac will sleap soon unessplgged Cles Weygandt, Financial & Mana

Question

Low Battery Your Mac will sleap soon unessplgged Cles Weygandt, Financial & Managerial Accounting, 2e PRINTER ERSSON BACK Exercise 19-14 (Part Level Submission) n hemewrkNaylor Company had $1543 net income in 2016 when the seling price per unt was $154, the variable costs per unit were $94, and the fwxed 1154,300 of costs were $572,500. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Naylor Company a pressure from stockholders to increase net income by $61,900 in 2017 (a) Compute the number of units sold in 2016.(Round answer to o decimal paces.1.22s) Resuits by Study

Explanation / Answer

Number of units sold in 2016 is 13,145 units.

Description 2016 2017 Sales 154.00 154 Less: Variable Cost 94.00 94 Contribution Margin (b) 60.00 60 Less: Fixed Cost 572,500 572,500 Operating Income 154,300 216,200 Sale units (Target Profit+ Fixed Costs)/ Contribution Margin per unit 13,145

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