Ivanhoe Company had $177,900 of net income in 2019 when the selling price per unit was $154, the variable costs per unit were 598, and the fixed costs were $572.500. Management expects per unit data and total fixed costs to remain the same in 2020. The president of Ivanhoe Company is under pressure from stockholders to increase not income by $93.800 in 2020. (a) Compute the number of units sold in 2019.

13,400 units

Explanation:

Data given in the question

Sale price = $154

Variable cost = $98

Fixed cost = $572,500

Net income = $177,900

So, Let us assume the number of units sold in 2019 be X

(Sales price - Variable costs) × sales units - Fixed cost = Net income

($154 - $98)  × X - $572,500 = $177,900

$56 × X - $572,500 = $177,900

$56 × X = $177,900 + $572,500

$56 × X = $750,400

X = 13,400 units

Hence, the number of units sold in 2019 is 13,400 units

answer; radioactive decay)

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.