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Exercise 5-7 (Algo) Target Profit Analysis (LO5-6] Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is
Exercise 5-7 (Algo) Target Profit Analysis (LO5-6] Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The company's monthly fixed expense is $32,500. Required: 1. Calculate the unit sales needed to attain a target profit of $7,050. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,200. (Round your intermediate calculations to the nearest whole number.) units 1. Units sales to attain target profit 2. Dollar sales to attain target profit
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