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Tutorial 23355

Liman Corporation has a single product whose selling price is $137 and whose variable expense is $53 per unit. The company’s monthly fixed expen...

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Question:

Liman Corporation has a single product whose selling price is $137 and whose variable expense is $53 per unit. The company’s monthly fixed expense is $38,600.

Required:

1.            using the equation method, determine the unit sales that are required to earn a target profit of $10,792.

2.            using the formula method, determine for the dollar sales that are required to earn a target profit of $11,548. 

ATTACHMENTS
question_2.xlsx