The unit sales that are required to earn target profit

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Reference no: EM131255210

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 $31,900.

Required:

1. Using the equation method, determine for the unit sales that are required to earn a target profit of $6,250. (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 $9,400.(Round up your answer to the nearest whole number.)

Reference no: EM131255210

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