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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 $40000 Required

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.

 

Jul 01 2020 View more View Less

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