Contribution margin=Sales-Variable cost
=(134-67)=$67 per unit
Contribution margin ratio=Contribution margin/Sales
=(67/134)=0.5
1.Target contribution margin=Fixed cost+Target profits
=(31750+8450)=$40200
Hence unit sales required=Target contribution margin/contribution margin per unit
=40200/67
=600 units
2.Target contribution margin=Fixed cost+Target profits
=(31750+9700)=$41450
Hence unit sales required=Target contribution margin/contribution margin ratio
=41450/0.5
=$82900
Lin Corporation has a single product whose selling price is $134 per unit and whose variable...
Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The company's monthly fixed expense is $31,750. Required: 1. Calculate the unit sales needed to attain a target profit of $8,450. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,700. (Round your intermediate calculations to the nearest whole number.) units 1. Units sales to attain target profit 2. Dollar sales...
Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The company's monthly fixed expense is $32.100. points Required: 1. Calculate the unit sales needed to attain a target profit of $4,750. (Do not round Intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9.000 (Round your intermediate calculations to the nearest whole number.) 8 0442 1. Units sales to attain tarpet profit 2....
Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The company’s monthly fixed expense is $32,300. Required: 1. Calculate the unit sales needed to attain a target profit of $7,900. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,600. (Round your intermediate calculations to the nearest whole number.)
Lin Corporation has a single product whose selling price is $130 per unit and whose variable expense is $65 per unit. The company's monthly fixed expense is $32,550 Required: 1. Calculate the unit sales needed to attain a target profit of $3,850. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,100. (Round your intermediate calculations to the nearest whole number.) 1. Units sales to attain target profit |2 Dollar sales to...
Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The company's monthly fixed expense is $31,900. Required: 1. Calculate the unit sales needed to attain a target profit of $6,250. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,400. (Round your intermediate calculations to the nearest whole number.) units 1. Units sales to attain target profit 2. Dollar sales...
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 $40,280. Required: 1. Calculate the unit sales needed to attain a target profit of $6,700. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,100. (Round your intermediate calculations to the nearest whole number.) units 1. Units sales to attain target profit 2. Dollar sales...
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 $40,280. Required: 1. Calculate the unit sales needed to attain a target profit of $6,700. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,100. (Round your intermediate calculations to the nearest whole number.) units 1. Units sales to attain target profit 2. Dollar sales...
Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The company's monthly fixed expense is $32,500. Required: 1. Calculate the unit sales needed to attain a target profit of $7,050. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,200. (Round your intermediate calculations to the nearest whole number.) units 1. Units sales to attain target profit 2. Dollar sales...
Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $81 per unit. The company's monthly fixed expense is $24,300. Required: 1. Calculate the unit sales needed to attain a target profit of $4,050. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,300. (Round your intermediate calculations to the nearest whole number.) units 1. Units sales to attain target profit 2. Dollar sales...
Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $81 per unit. The company's monthly fixed expense is $23,580. Required: 1. Calculate the unit sales needed to attain a target profit of $4,500. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,500. (Round your intermediate calculations to the nearest whole number.) 1. Units sales to attain target profit units 2. Dollar sales...