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2 Lin Corporation has a single product whose selling price is $120 and whose variable expense is 3 $80 per unit. The company's monthly fixed expense is $50,000. 4 5 Using the equation method, how much (in units) would be required to earn a target 6 profit of 10,000? 7 revenue - expenses = net income 8 revenue - (mx + b) = net income 9 (SPPUXO) - [(VCPUXQ) + FC) = Net Income 10 11 12 13 14 15 16 Using the formula method, how much in sales dollars) would be required to earn a target 17 profit of 15,000? 18 19 20 23 Tab 3 #2 24 Capricio Enterprises distributes a single product whose selling price is $16 and whose variable 25 expense is $11 per unit. The company's fixed expense is 16,000 per month. 26 27 Prepare a profit graph for the company up to a sales level of 4000 units. 28 Estimate the company's break-even point in unit sales using your profit graph. 29 30 31 32 33 34