5/6

components be used? EXERCISE 5?6 Compute the Level of Sales Required to Attain a Target Profit [LO5] Liman Corporation has a single product whose selling price is $140 and whose variable expense is $60 per unit, The company's monthly fixed expense is $40,000. Required: 1. Using the equation method, solve for the unit sales that are required to earn a target profit of $6,000. 2. Using the formula method. solve for the dollar sales that are required to earn a target profit of $8,000