not use ai please don't Lindon Company is the exclusive distributor for an automotive product selling for $22.00 per unit with a CM ratio of 30%. Thecompany's fixed expenses are $105,600 per year and it plans to sell 17,400 units this year.Required:1. What are the variable expenses per unit?Note: Round your "per unit" answer to 2 decimal places.2. What is the break-even point in unit sales and in dollar sales?3. What amount of unit sales and dollar sales is required to attain a target profit of $39,600 per year?4. Assume by using a more efficient shipper, the company can reduce its variable expenses by $2.20 per unit. What is the company'snew break-even point in unit sales and dollar sales? What dollar sales are required to attain a target profit of $39,600?1. Variable expense per unit2. Break-even point in units2. Break-even point in dollar sales$15.4016,000$352,0003. Unit sales needed to attain target profit3. Dollar sales needed to attain target profit$484,0004. New break-even point in unit sales4. New break-even point in dollar sales4. Dollar sales needed to attain target profit

1. If contribution margin ratio is 30% then variable expenses per unit is 70% (100% - 30%). This is…

Answered: Lindon Company is the exclusive…

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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