Question
Exercise 5-7 Compute the Level of Sales Required to Attain a Target Profit [LO5-6] [The following information applies to the questions displayed below.] Lin Corporation
Exercise 5-7 Compute the Level of Sales Required to Attain a Target Profit [LO5-6] [The following information applies to the questions displayed below.] Lin Corporation has a single product whose selling price is $134 and whose variable expense is $67 per unit. The companys monthly fixed expense is $32,300. References Section BreakExercise 5-7 Compute the Level of Sales Required to Attain a Target Profit [LO5-6] 2.value: 2.00 pointsRequired information Exercise 5-7 Part 1 Required: 1. Using the equation method, determine for the unit sales that are required to earn a target profit of $7,900. (Round up your answer to the nearest whole number.) HintsReferenceseBook & Resources Hint #1 Check my work 3.value: 2.00 pointsRequired information Exercise 5-7 Part 2 2. Using the formula method, determine for the unit sales that are required to earn a target profit of $8,600. (Round up your answer to the nearest whole number.)
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