Exercise 5-7 Compute the Level of Sales Required to Attain a Target Profit [LO5-6]
[The following information applies to the questions displayed below.]
Lin Corporation has a single product whose selling price is $134 and whose variable expense is $67 per unit. The companyâs monthly fixed expense is $32,300.
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Section BreakExercise 5-7 Compute the Level of Sales Required to Attain a Target Profit [LO5-6]
2.
value:
2.00 points
Required information
Exercise 5-7 Part 1
Required: 1. Using the equation method, determine for the unit sales that are required to earn a target profit of $7,900. (Round up your answer to the nearest whole number.)
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Hint #1
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3.
value:
2.00 points
Required information
Exercise 5-7 Part 2
2. Using the formula method, determine for the unit sales that are required to earn a target profit of $8,600. (Round up your answer to the nearest whole number.)
Exercise 5-7 Compute the Level of Sales Required to Attain a Target Profit [LO5-6]
| [The following information applies to the questions displayed below.] |
| Lin Corporation has a single product whose selling price is $134 and whose variable expense is $67 per unit. The companyâs monthly fixed expense is $32,300. |
References
Section BreakExercise 5-7 Compute the Level of Sales Required to Attain a Target Profit [LO5-6]
2.
value:
2.00 points
Required information
Exercise 5-7 Part 1
| Required: | |
| 1. | Using the equation method, determine for the unit sales that are required to earn a target profit of $7,900. (Round up your answer to the nearest whole number.) |
Hints
References
eBook & Resources
Hint #1
Check my work
3.
value:
2.00 points
Required information
Exercise 5-7 Part 2
| 2. | Using the formula method, determine for the unit sales that are required to earn a target profit of $8,600. (Round up your answer to the nearest whole number.) |
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Exercise 5-7 Compute the Level of Sales Required to Attain aTarget Profit [LO5-6]
[The following information applies to the questionsdisplayed below.] |
Lin Corporation has a single product whose selling price is $135and whose variable expense is $54 per unit. The companyâs monthlyfixed expense is $40,280. |
References
Section BreakExercise 5-7 Compute the Level ofSales Required to Attain a Target Profit [LO5-6]
4.
value:
2.00 points
Required information
Exercise 5-7 Part 1
| Required: | |
| 1. | Using the equation method, determine for the unit sales that arerequired to earn a target profit of $6,700. |
Hints
References
eBook & Resources
Hint #1
5.
value:
2.00 points
Required information
Exercise 5-7 Part 2
| 2. | Using the formula method, determine for the unit sales that arerequired to earn a target profit of $9,100.(Round youranswer to the nearest whole number.) |
Liman Corporation has a single product whose selling price is$137 and whose variable expense is $58 per unit. The companyâsmonthly fixed expense is $39,600. |
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Section BreakExercise 5-6 Compute the Level ofSales Required to Attain a Target Profit [LO5]
7.
value:
0.76 points
Required information
Exercise 5-6 Part 1
| Required: | |
| 1. | Using the equation method,determine the unit sales that are required to earn a target profitof $6,852. |
| Unit sales |
rev: 01_06_2014_QC_43159
Hints
References
eBook & Resources
Hint #1
Check my work
8.
value:
0.76 points
Required information
Exercise 5-6 Part 2
| 2. | Using the formula method,determine the dollar sales that are required to earn a targetprofit of $7,484. |
| Dollar sales | $ | |
rev: 02_08_2013_QC_26463
