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7.Lin Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80 per unit. The company's monthly fixed

7.Lin Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80 per unit. The company's monthly fixed expense is $50,000.

Required:

1. Calculate the unit sales needed to attain a target profit of $10,000.

2. Calculate the dollar sales needed to attain a target profit of $15,000.

(For all requirements, do not round intermediate calculations.)

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