Home / Questions / Liman Corporation has a single product whose selling price is $140 and whose variable expe...
Liman Corporation has a single product whose selling price is $140 and whose variable expense is
$60 per unit. The company’s monthly fixed expense is $40,000.
Required:
1. Using the equation method, solve for the unit sales that are required to earn a target profit of
$6,000.
2. Using the formula method, solve for the dollar sales that are required to earn a target profit of
$8,000.
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