Blue Spruce Company had $152,600 of net income in 2016 when the selling price per unit was $153, the variable costs per unit were $93, and the fixed costs were $573,300. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Blue Spruce Company is under pressure from stockholders to increase net income by $61,700 in 2017.
(a) Compute the number of units sold in 2016. (Round answer to 0 decimal places, e. g. 1,225.) units
(b) Compute the number of units that would have to be sold in 2017 to reach the stockholders' desired profit level. units
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 11:20, andrea1704
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
Business, 22.06.2019 13:50, chammusa2
Which one of the following statements is true? ddt does not prevent disease from passing from agricultural animals to humans. cost was a major factor in the united states government's decision to ban ddt. many african governments concluded that the potential long-term health effects of ddt were not as serious as the immediate problem of insect control. ddt cannot accumulate in the fat of animals. the ddt ban in the united states has made it very difficult to control agricultural insect pests.
Answers: 3
Business, 22.06.2019 16:30, bedsaul12345
Which of the following has the largest impact on opportunity cost
Answers: 2
Business, 22.06.2019 19:30, smokey19
The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.
Answers: 1
Do you know the correct answer?
Blue Spruce Company had $152,600 of net income in 2016 when the selling price per unit was $153, the...
Questions in other subjects:
Mathematics, 31.01.2020 08:51
Chemistry, 31.01.2020 08:51
Physics, 31.01.2020 08:51
Mathematics, 31.01.2020 08:51
History, 31.01.2020 08:51
