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Exercise 5-14 (Algo) Break-Even and Target Profit Analysis [LO5-1, LO5-4, LO5-6, LO5-7] Lindon Company is the exclusive distributor for an automotive product selling for $20.00

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Exercise 5-14 (Algo) Break-Even and Target Profit Analysis [LO5-1, LO5-4, LO5-6, LO5-7] Lindon Company is the exclusive distributor for an automotive product selling for $20.00 per unit with a CM ratio of 30%. The company's fixed expenses are $93,000 per year and it plans to sell 16,700 units this year. Required: 1. What are the variable experises per unit? Note: 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 $33,000 per year? 4. Assume by using a more efficient shipper, the company can reduce its variable expenses by $2.00 per unit. What is the company's new break-even point in unit sales and dollar sales? What dollar sales are required to attain a target proft of $33,000

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