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  3. wildhorse company had $278,700 of net income in 20

Wildhorse Company had $278,700 of net income in 2021 when the unit selling price was...

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Accounting

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Wildhorse Company had $278,700 of net income in 2021 when the unit selling price was $154, the unit variable costs were $94, and the fuxed costs were $573,300. Management expects per unit data and total fixed costs to remain the same in 2022 . The president of Wildhorse Company is under pressure from stockholders to increase net income by $42,600 in 2022 Assume that Wildhorse Company sells the same number of units in 2022 as it did in 2021 . What would the selling price have to be in order to reach the stockholder's' desired net income, assuming the unit variable costs and fixed costs remain at 2021 levels? New selling price

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