Lin Corporation has a single product whose selling price is $140 and whose variable expense...
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Accounting
Lin Corporation has a single product whose selling price is $140 and whose variable expense is $70 per unit. The companys monthly fixed expense is $31,600.
1. Using the equation method, determine for the unit sales that are required to earn a target profit of $8,300.
2. Using the formula method, determine for the unit sales that are required to earn a target profit of $10,000. (Round your answer to the nearest whole number.)
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