Question

for the second picture disregard the answers that appear. i need the same questions answered for the info given in the first pic. this was just a screenshot so i can get all the questions that i need answered.

Exercise 18-14 (Part Level Submission) Naylor Company had $155,200 of net income in 2016 when the selling price per unit was $154, the variable costs per unit were $94, and the fixed costs were $571,900. 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 $62,800 in 2017.

Answer 1

Part-c

Expected Income Net Income in 2016+ Expected Increased in net Income

=155200+62800=218000

No. of Unit to be sold-12114 Unit

Variable cost per Unit:-$94

Fixed Cost =571900

Let Selling Price would be A

Net Income = Sales- Variable cost- Fixed Cost

218000= (12114XA)-(94X12114)-571900

218000=12114A-1138716-571900

A=$116.78

Hence Expected Sellng Price would be $116.78