Exercise $3-1$A $($Algo$)$ Equation method LO $3-1$

Adams Corporation produces products that it sells for $$12$ each. Variable costs per unit are $$9,$ and annual fixed costs are $$61,200.$

Adams desires to earn a profit of $$11,400.$

Required

a$.$ Use the equation method to determine the break$-$even point in units and dollars.

b$.$ Determine the sales volume in units and dollars required to earn the desired profit.