Question: Current Attempt in Progress Pharoah Co. had a net loss of $151,000 in 2021 when the selling price per unit was $45, the variable

Current Attempt in Progress Pharoah Co. had a net loss of $151,000 in 2021 when the selling price per unit was $45, the variable

Current Attempt in Progress Pharoah Co. had a net loss of $151,000 in 2021 when the selling price per unit was $45, the variable costs per unit were $25, and the fixed costs were $601,000. Management expects per unit data and total fixed costs to be the same in 2022. Management has set a goal of earning a net income of $74,000 in 2022. Your answer is correct. Compute the units sold in 2021. Units sold in 2021 eTextbook and Media 22.500 units X Your answer is incorrect. Compute the quantity of units that would have to be sold in 2022 to reach management's desired net income level. Units sold in 2022 eTextbook and Media 26350 units X Your answer is incorrect. Assume that Pharoah sells the same quantity of units in 2022 as it did in 2021. What would the selling price have to be in order to reach the target net income? Use the mathematical equation. (Round answer to 2 decimal places, eg 52.75) Selling price 50 eTextbook and Media

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