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Liman Corporation has a single product whose selling price is $130 and whose variable expense is $65 per unit. The companys monthly fixed expense is
Liman Corporation has a single product whose selling price is $130 and whose variable expense is $65 per unit. The companys monthly fixed expense is $32,550. Using the equation method, determine for the unit sales that are required to earn a target profit of $3,850. Using the formula method, determine for the dollar sales that are required to earn a target profit of $8,100.
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