Naylor Company had $153,600 of net income in 2016 when the selling price per unit...
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Accounting
Naylor Company had $153,600 of net income in 2016 when the selling price per unit was $155, the variable costs per unit were $95, and the fixed costs were $574,000. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Naylor Company is under pressure from stockholders to increase net income by $62,400 in 2017. Compute the number of units sold in 2016. (Round answer to 0 decimal places, e.g. 1,225.)
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