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Grayson Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit $ 230.00 Variable cost per unit $

Grayson Corporation produces and sells a single product. Data concerning that product

appear below:

Selling price per unit $ 230.00

Variable cost per unit $ 92.00

Fixed cost per month $ 621,000

Required:

a. Assume the company's monthly target profit is $69,000. Determine the unit sales to attain that

target profit. (2)

b. Assume the company's monthly target profit is $41,400. Determine the dollar sales to attain

that target profit. (3)

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