EXERCISE 6-7 Target Profit Analysis LO6-6 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 dollar sales needed to attain a target profit of $15,000. EXERCISE 6-8 Compute the Margin of Safety LO6-7 Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per unit. . .. $30 Variable expense per unit . .. .... $20 Fixed expense per month . .. .. $7,500 Unit sales per month. . 1,000 nagmoo all sisminet Required: 1. What is the company's margin of safety? 2. What is the company's margin of safety as a percentage of its sales