Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $54 per unit. The company's monthly fixed expense is $40,000. Required: 1. Calculate the unit sales needed to attain a target profit of $8,600. Note: Do not round intermediate calculations. 2. Calculate the dollar sales needed to attain a target profit of $9,800. 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

Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $54 per unit. The company's monthly fixed expense is $40,000. Required: 1. Calculate the unit sales needed to attain a target profit of $8,600. Note: Do not round intermediate calculations. 2. Calculate the dollar sales needed to attain a target profit of $9,800. 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

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 36P: Faldo Company produces a single product. The projected income statement for the coming year, based...

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Question

Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $54 per unit. The company's
monthly fixed expense is $40,000.
Required:
1. Calculate the unit sales needed to attain a target profit of $8,600.
Note: Do not round intermediate calculations.
2. Calculate the dollar sales needed to attain a target profit of $9,800.
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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Lin Corporation has a single product whose selling price is S136 per unit and whose variable expense is $68 per unit. The company's monthly tixed expense is $31,650, Required: 1. Calculate the unit sales needed to attain a target profit of $5,750. (Do not round intermediate calculations.)