Bramble 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 Bramble Company is under pressure from stockholders to increase net income by $62,800 in 2017. Collapse question part
(a) Compute the number of units sold in 2016.
(Round answer to 0 decimal places, e.g. 1,225.) units
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a) Number of unit sold in (2016) = (Fixed cost+net income)/Contribution margin per unit
= (571900+155200)/(154-94)
Number of unit sold in (2016) = 12118 Units
Bramble Company had $155,200 of net income in 2016 when the selling price per unit was...
Martinez Company had $152,000 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 $571,700. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Martinez Company is under pressure from stockholders to increase net income by $64,100 in 2017. Compute the number of units sold in 2016. (Round answer to O decimal places, e.g. 1,225.) T...
Martinez Company had $152,000 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 $571,700. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Martinez Company is under pressure from stockholders to increase net income by $64,100 in 2017. (a) We were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to...
Oriole Company had $234,200 of net income in 2019 when the selling price per unit was $151, the variable costs per unit were $91, and the fixed costs were $575,800. Management expects per unit data and total fixed costs to remain the same in 2020. The president of Oriole Company is under pressure from stockholders to increase net income by $67,500 in 2020. (a) Compute the number of units sold in 2019. b) compute the number of units that would...
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...
Sandhill Company had $267,000 of net income in 2019 when the selling price per unit was $153, 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 2020. The president of Sandhill Company is under pressure from stockholders to increase net income by $87,000 in 2020. Compute the number of units sold in 2019. units LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR...
Question Wildhorse Company had $273,300 of net income in 2019 when the selling price per unit was $155, the variable costs per unit were $90, and the fixed costs were $571,700. Management expects per unit data and total fixed costs to remain the same in 2020. The president of Wildhorse Company is under pressure from stockholders to increase net income by $39,000 in 2020, Compute the number of units sold in 2019. Compute the number of units that would have...
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Rose Co. had a net loss of $150,000 in 2015 when the selling price per unit was $20, the variable costs per unit were $15, and the fixed costs were $600,000. Management expects per unit data and total fixed costs to be the same in 2016. Management has set a goal of earning net income of $75,000 in 2016. Required: (a) Compute the units sold in 2015. (b) Compute the number of units that would have to be sold in...