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Chapter 6 Question 5: Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit.
Chapter 6 Question 5:
Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The companys monthly fixed expense is $31,600.
Required:
1. Calculate the unit sales needed to attain a target profit of $8,300. (Do not round intermediate calculations.)
2. Calculate the dollar sales needed to attain a target profit of $10,000. (Round your intermediate calculations to the nearest whole number.)
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