Question: Current Attempt in Progress In 2022, Marigold sold 1000 units at $500 each and earned net income of $40000. Unit variable cost was $200
Current Attempt in Progress In 2022, Marigold sold 1000 units at $500 each and earned net income of $40000. Unit variable cost was $200 and fixed expenses totaled $320000. The same selling price is expected for 2023. Marigold's unit variable cost will rise by 10% in 2023 due to increasing material costs so they are tentatively planning to cut fixed costs by $10000. If the company is successful in cutting fixed costs by $10000, how many units must Marigold sell in 2023 to maintain the same income level as 2022? 1296 1250 1129 1000
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