Looking for more tutorials?

Tutorial   25535

Liman Corporation has a single product whose selling price is $145 and whose variable expense is $59 per unit. The company’s monthly fixed expen...

Question:

Liman Corporation has a single product whose selling price is $145 and whose variable expense is $59 per unit. The company’s monthly fixed expense is $39,100.

Required:

1.            using the equation method, determine the unit sales that are required to earn a target profit of $10,780.

2.            using the formula method, determine for the dollar sales that are required to earn a target profit of $12,672.

ATTACHMENTS
question_2.xlsx