Question: ABC has a single product whose selling price is $100 and whose variable expense is $60 per unit. The company's monthly fixed expense is $50,000.

ABC has a single product whose selling price is $100 and whose variable expense is $60 per unit. The company's monthly fixed expense is $50,000.

Required:

1. Using the equation method, solve for the unit sales that are required to earn a target profit of $10,000.

2. Using the formula method, solve for the dollar sales that are required to earn a target profit of $30,000.

The equation method yields the required unit sales, Q, as follows_________ .

The formula approach yields the required unit sales as follows ___________ .

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