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Lin Corporation has a single product whose selling price is $120 per unit and whose...

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Question

Accounting

Lin Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80 per unit. The companys monthly fixed expense is $50,000.

Required:

1. Calculate the unit sales needed to attain a target profit of $10,000.

2. Calculate the dollar sales needed to attain a target profit of $15,000

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