(Answered) Question lin corporation has a single product whose selling

Accounting

Question: 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 $31,600.

Required: 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 up your answer to the nearest whole number.)

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