Solved: How many hammers will have to be sold in june to maintain, Accounting Basics

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How many hammers will have to be sold in june to maintain

Question - Swifty Corporation reported the following results from the sale of 4200 hammers in May: sales $168000, variable costs $100800, fixed costs $60000, and net income $7200. Assume that Swifty increases the selling price of hammers by 10% on June 1. How many hammers will have to be sold in June to maintain the same level of net income?

4200

3360

3900

3700

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Accounting Basics: How many hammers will have to be sold in june to maintain

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