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Liman Corporation has a single product whose selling price is $140 and whose variable expense is $60 per unit. The company’s monthly fixed expense is $40,000.

Liman Corporation has a single product whose selling price is $140 and whose variable expense is $60 per unit. The company’s monthly fixed expense is $40,000.
Required:
1. Using the equation method, determine the unit sales that are required to earn a target profit of $6,000.

  Unit sales  
2. Using the formula method, determine for the dollar sales that are required to earn a target profit of $8,000. (Do not round intermediate calculations. Omit the "$" sign in your response.)

  Dollar sales  $  


 MuhammadYousaf
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ed to earn a target profit of $6,000. Unit sales 2. Using the formula method, determine for th...(760 more words & 0 attachments).
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