Exercise 6 7 Algo Target Profit Analysis Lo6 6 Lin Corporation Has A Single Product Whose Selling Price Is 134 Per 1 (25.26 KiB) Viewed 10 times
Exercise 6 7 Algo Target Profit Analysis Lo6 6 Lin Corporation Has A Single Product Whose Selling Price Is 134 Per 2 (20.18 KiB) Viewed 10 times
Exercise 6-7 (Algo) Target Profit Analysis [LO6-6] Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The company's monthly fixed expense is $32,300. Required: 1. Calculate the unit sales needed to attain a target profit of $7,900. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,600. (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 $ 29 $.13 $ 13,920 1,020 Unit sales per month 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 %
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