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Exercise 5-7 (Algo) Target Profit Analysis [LO5-6] Lin Corporation has a single product whose selling...

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Accounting

Exercise 5-7 (Algo) Target Profit Analysis [LO5-6]

Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $54 per unit. The companys monthly fixed expense is $40,000.

Required:

1. Calculate the unit sales needed to attain a target profit of $8,600. (Do not round intermediate calculations.)

2. Calculate the dollar sales needed to attain a target profit of $9,800. (Round your intermediate calculations to the nearest whole number.)

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Exercise 5-7 (Algo) Target Profit Analysis (LO5-6) Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $54 per unit. The company's monthly fixed expense is $40,000. Required: 1. Calculate the unit sales needed to attain a target profit of $3,600. (Do not round Intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,800. (Round your Intermedlate calculations to the nearest whole number.) units 1. Units sales to attain target profit 2. Dollar sales to attain target profit

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