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Liman Corporation has a single product whose selling price is $142 and whose variable expense is $59 per unit. The companys monthly fixed expense is

Liman Corporation has a single product whose selling price is $142 and whose variable expense is $59 per unit. The companys monthly fixed expense is $38,200.

6.

Required information

Required:
1. Using the equation method, determine the unit sales that are required to earn a target profit of $10,023.

Unit sales

7.

Required information

2. Using the formula method, determine the dollar sales that are required to earn a target profit of $12,181.

Dollar sales $

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