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  3. q13. naylor company had 216,500 of net income in 2

Q13. Naylor Company had 216,500 of net income in 2013 when the selling price per...

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Accounting

Q13. Naylor Company had 216,500 of net income in 2013 when the selling price per unit was 165 the variable costs per unit were 90 and the fixed costs were 571,650
Management expects per unit data and total fixed costs to remain the same in 2014. The president of Naylor Company is under pressure from stockholders to increase net income by 52,000 in 2014.
INSTRUCTIONS:
(a) Compute the number of units sold in 2013.
(b) Compute the number of units that would harve to be sold in 2014 to resch the stockholders' desired profit level.
(c) Assume that Naylor Company sells the same number of units in 2014 as it did in 2013.
What would the selling price have to be in order to reach the stockholders' desired profit level?
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