How many additional units must sell

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Problem 1: Castello Corporation sells wine glasses at a wholesale price of $4.50 per unit. The variable cost to manufacture is $1.75 per unit. The monthly fixed costs are $8500. Its current sales are 29,000 units per month. If the company wants to increase its operating income by 20%, how many additional units must it sell? (Round any intermediate calculations to two decimal places and your final answer up to the nearest whole unit.)

Group of answer choices

Option 1: 8,500 wine glasses

Option 2: 130,500 wine glasses

Option 3: 34,182 wine glasses

Option 4: 5,182 wine glasses

Reference no: EM132742325

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