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Check my work 17 Exercise 6-14 Break-Even and Target Profit Analysis (LO6-3, LO6-4, LO6-5, LO6-6) 0.95 points Lindon Company is the exclusive distributor for an
Check my work 17 Exercise 6-14 Break-Even and Target Profit Analysis (LO6-3, LO6-4, LO6-5, LO6-6) 0.95 points Lindon Company is the exclusive distributor for an automotive product that sells for $26.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $132,600 per year. The company plans to sell 18,800 units this year. eBook Required: 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal places.) 2. What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $54,600 per year? 4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $2.60 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $54,600? 0 Files Print 2 References 1. Variable expense per unit Break-even point in units Break-even point in dollar sales 3. Unit sales needed to attain target profit Dollar sales needed to attain target profit 4. New break-even point in unit sales New break-even point in dollar sales Dollar sales needed to attain target profit
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