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Lindon Company is the exclusive distributor for an automotive product that sells for $40.00 per unit and has a CM ratio of 30%. The company's
Lindon Company is the exclusive distributor for an automotive product that sells for $40.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $246,000 per year. The company plans to sell 23,700 units this year. Required: What amount of unit sales and dollar sales is required to attain a target profit of $126,000 per year? Unit sales needed to attain target profit Dollar sales needed to attain target profit
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