Information Given -
Selling price = $136 per unit.
Variable expense = $68 per unit.
Company’s monthly fixed expense = $32000.
.
(1) -- Calculate the unit sales needed to attain a target profit of $7100.
Answer -
(Target profit + Fixed expenses) / (Selling price per unit - Variable expense per unit)
= ($7100 + $32000) / ($136 - $68)
= $39100 / $68 per unit
= 575 units.
Therefore,
Units sales to attain target profit = 575 units.
.
(2) -- Calculate the dollar sales needed to attain a target profit of $9200.
Answer -
[(Target profit + Fixed expenses) / (Selling price per unit - Variable expense per unit)] * Selling price per unit
= [($9200 + $32000) / ($136 - $68)] * $136 per unit
= 606 units * $136 per unit
= $82416.
Therefore,
Dollar sales to attain target profit = $82416.
Lin Corporation has a single product whose selling price is $136 per unit and whose variable...
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