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 $31,650. Required: 1. Calculate the unit sales needed to attain a target profit of $5,750. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,90O. (Round your intermediate calculations to the riearest whole number.) 1. Units sales to attain target profit units 2. Dollar sales to attain target profit
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 $31,650. Required: 1. Calculate the unit sales needed to attain a target profit of $5,750. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,90O. (Round your intermediate calculations to the riearest whole number.) 1. Units sales to attain target profit units 2. Dollar sales to attain target profit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 $31,650.
Required:
1. Calculate the unit sales needed to attain a target profit of $5,750. (Do not round intermediate calculations.)
2. Calculate the dollar sales needed to attain a target profit of $9,900. (Round your intermediate calculations to the riearest whole
number.)
|1. |Units sales to attain target profit
units
2. Dollar sales to attain target profit
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