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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8aa0e649-7d9d-4eef-b9bf-7f22732d0bcd%2F31e6d6df-5bed-4646-92a3-a365d6f29ba5%2Flvq9lrs_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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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