Lin corporation has a single product whose selling price is, Ask an Expert

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Lin Corporation has a single product whose selling price is $140 and whose variable expense is $70 per unit. The company’s monthly fixed expense is $32,350.

1. Using the equation method, determine for the unit sales that are required to earn a target profit of $7,900. (Round up your answer to the nearest whole number.)

2. Using the formula method, determine for the unit sales that are required to earn a target profit of $8,500.(Round up your answer to the nearest whole number.)

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92044046

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