How many units will have to be sold


Problem: KLM Company reported the following results from the sale of 5,000 units of a product in 2023: sales of $40,000, variable costs of $25,000, fixed costs of $10,000, and net income of $5,000. Assume that the company increases the selling price of its product by 25% in 2024. How many units will have to be sold in 2024 to maintain the same level of net income? KLM Company reported the following results from the sale of 5,000 units of a product in 2023: sales of $40,000, variable costs of $25,000, fixed costs of $10,000, and net income of $5,000. Assume that the company increases the selling price of its product by 25% in 2024. How many units will have to be sold in 2024 to maintain the same level of net income? 5,000 2,500 None 6,000 3,000KLM Company reported the following results from the sale of 5,000 units of a product in 2023: sales of $40,000, variable costs of $25,000, fixed costs of $10,000, and net income of $5,000. Assume that the company increases the selling price of its product by 25% in 2024. How many units will have to be sold in 2024 to maintain the same level of?

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Accounting Basics: How many units will have to be sold
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