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[The following information applies to the questions displayed below.] Lin Corporation has a single product whose selling price is $136 and whose variable expense is
[The following information applies to the questions displayed below.] Lin Corporation has a single product whose selling price is $136 and whose variable expense is $68 per unit. The companys monthly fixed expense is $32,000.
Required:
1. Using the equation method, determine for the unit sales that are required to earn a target profit of $7,100.
2. Using the formula method, determine for the unit sales that are required to earn a target profit of $9,200. (Round your answer to the nearest whole number.)
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