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In Corporation has a single product whose selling price is $136 per unit and wh company's monthly fixed expense is $32,000. Required: 1. Calculate the unit sales needed to attain a target profit of $7,100. Note: Do not round intermediate calculations. 2. Calculate the dollar sales needed to attain a target profit of $9,200. Note: Round your intermediate calculations to the nearest whole number.

In Corporation has a single product whose selling price is $136 per unit and wh company's monthly fixed expense is $32,000. Required: 1. Calculate the unit sales needed to attain a target profit of $7,100. Note: Do not round intermediate calculations. 2. Calculate the dollar sales needed to attain a target profit of $9,200. Note: Round your intermediate calculations to the nearest whole number.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Lin Corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. The company's monthly fixed expense is $32,000. Required: 1. Calculate the unit sales needed to attain a target profit of $7,100. Note: Do not round intermediate calculations. 2. Calculate the dollar sales needed to attain a target profit of $9,200. Note: Round your intermediate calculations to the nearest whole number. 1. Units sales to attain target profit 2. Dollar sales to attain target profit units
Transcribed Image Text:Lin Corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. The company's monthly fixed expense is $32,000. Required: 1. Calculate the unit sales needed to attain a target profit of $7,100. Note: Do not round intermediate calculations. 2. Calculate the dollar sales needed to attain a target profit of $9,200. Note: Round your intermediate calculations to the nearest whole number. 1. Units sales to attain target profit 2. Dollar sales to attain target profit units
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