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Lin Corporation has a single product whose selling price is $120 and whose variable expense...

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Accounting

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

1. Using the equation method, solve for the unit sales that are required to earn a target profit of $10,000.

2. Using the equation method, solve for the sales that are required to earn a target profit of $15,000.

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