Ill Make Sure To Like Thumbs Up The Answer 1 (15.79 KiB) Viewed 9 times
Ill Make Sure To Like Thumbs Up The Answer 2 (15.73 KiB) Viewed 9 times
d ces Lin Corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. The company's monthly fixed expense is $32,400, Required: 1. Calculate the unit sales needed to attain a target profit of $5,000. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,400. (Round your intermediate calculations to the nearest whole number.) 1. Units sales to attain target profit 2. Dollar sales to attain target profit units
Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $24 $ 16 $ 7,200 1,050 Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 1234 should be entered as 12.34).) 1. Margin of safety (in dollars) 2. Margin of safety percentage %
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!