Exercise 6-7 Target Profit Analysis [LO6-6] Lin Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80 per unit. The company’s monthly fixed expense is $50,000.   Required: 1. Calculate the unit sales needed to attain a target profit of $10,000. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $15,000. (Round your intermediate calculations to the nearest whole number.)

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A: Profit per unit = Sales x 15.52$  = $6.7 per unit x 15.52% = $1.03984 Contribution margin per unit…

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A: Solution:- Answer 1. Contribution Margin Ratio = Contribution Margin / SalesContribution Margin…

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A:

Q: Exercise 6-17 Break-Even and Target Profit Analysis [LO6-4, LO6-5, LO6-6] Outback Outfitters sells…

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Q: Question 39 If the selling price per unit is $10, the unit contribution margin is $5, and total…

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Q: Are these answers correct?

A:

Q: HE-21/91 company's break-even sales revenue is $990,000, and its variable expenses are 75% of sales.…

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Q: Break-even point in dollars

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Q: 18. Assume the company's monthly target profit is $17,000. The dollar sales to attain that target…

A: Break even= Break even is a point where total sales are equal to total costs. this point is showing…

Q: se

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