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Exercise 5-7 Target Profit Analysis [LO5-6] Lin Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80

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Exercise 5-7 Target Profit Analysis [LO5-6] Lin Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80 per unit. The company's monthly fixed expense is $50,000. Required: 1. Calculate the unit sales needed to attain a target profit of $10,000. 2. Calculate the doliar sales needed to attain a target profit of $15,000. (For all requirements, do not round intermediate calculations.)

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