Question: Question 4 View Policies Current Attempt in Progress Sheffield Company had $151,600 of net income in 2016 when the selling price per unit was $152,


Question 4 View Policies Current Attempt in Progress Sheffield Company had $151,600 of net income in 2016 when the selling price per unit was $152, the variable costs per unit were $92, and the fixed costs were $574,500. Management expects per unit data and total fixed costs to remain the same in 2017. The president of Sheffield Company is under pressure from stockholders to increase net income by $62,000 in 2017, Compute the number of units sold in 2016. (Round answer to O decimal places, e.g. 1,225.) units e Textbook and Media Compute the number of units that would have to be sold in 2017 to reach the stockholders' desired profit level. units eTextbook and Media Assume that Sheffield Company sells the same number of units in 2017 as it did in 2016. What would the selling price have to be in order to reach the stockholders' desired profit level? (Round answer to 2 decimal places, e.g. 12.25.) New selling price $ eTextbook and Media Save for Later Attempts: unlimited Submit
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