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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

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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 S60 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 Using the formula method, solve for the dollar sales that are required to carn a target profit of $8,000 2

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