how do i compute the number of units sold when the net income is $155,400
If a company has a net income of $155,400 in 2008 and the selling price is $160, the variable costs per unit were $100, and the fixed costs were $570,000. Management expects per unit data and total fixed costs to remain the same in 2009. They want to increase the net income by $60,000 in 2009. How do I compute the number of units sold in 2008? And compute the number of units that would have to be sold in 2009 to reach their desired level and if they sell the same number of units in 2009 as it did in 2008 what would the selling price have to be in order to reach the profit level?