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Lin Corporation has a single product whose selling peice is $140 per unt and whose variable expense is $70 per unit. The company's monthly fixed
Lin Corporation has a single product whose selling peice is $140 per unt and whose variable expense is $70 per unit. The company's monthly fixed expense is $32,350. Required: 1. Calculate the unit sales needed to attain a target profit of \$7,900. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,500. (Round your intermediate calculations to the nearest whole number.) Mauro Products distributes a single product, a woven basket whose selling price is $17 per unit and whose variable expense is $14 per unit. The company's monthly fixed expense is $7,200. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new breakeven point in unit sales? In dollar sales? (Do not round intermediate calculations.) Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (he. .1234 should be entered as 12.34).)
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