Concord reported the following results from the sale of 5000 units in May: sales $350000, variable costs $280000, fixed costs $50000, and net income $20000. Assume that Concord increases its selling price by 5% on June 1. How many units will have to be sold in June to maintain the same level of net income?

Answer rating: 100% (QA)

To determine the number of units that need to be sold in June to maintain the same level of net inco... View the full answer