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Lindon Company is the exclusive distributor for an automotive product that sells for $42.00 per unit and has a CM ratio of 30%. The
Lindon Company is the exclusive distributor for an automotive product that sells for $42.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $264,600 per year. The company plans to sell 24,400 units this year. Required: What amount of unit sales and dollar sales is required to attain a target profit of $138,600 per year? Unit sales needed to attain target profit Dollar sales needed to attain target profit
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