Cullumber Company had $170,000 of net income in 2019 when the selling price per unit...
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Cullumber Company had $170,000 of net income in 2019 when the selling price per unit was $152, the variable costs per unit were $96, and the fixed costs were $574,800. Management expects per unit data and total fixed costs to remain the same in 2020. The president of Cullumber Company is under pressure from stockholders to increase net income by $106,400 in 2020. (a) Compute the number of units sold in 2019. units
Cullumber Company had $170,000 of net income in 2019 when the selling price per unit was $152, the variable costs per unit were $96, and the fixed costs were $74,800. Management expects per unit data and total fised costs to remain the fiame in 2020. The president of Cullumber Company is under pressure from stockholders to increase net income by $106,400 in 2020 . (a) Compute the number of units sold in 2019
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