Question: I ONLY NEED HELP FINDING THE DOLLAR SALES NEEDED TO ATTAIN TARGET PROFIT. ALL THE OTHER ANSWERS ARE CORRECT. THANK YOU. Lindon Company is the

I ONLY NEED HELP FINDING THE DOLLAR SALES NEEDED TO ATTAIN TARGET PROFIT. ALL THE OTHER ANSWERS ARE CORRECT. THANK YOU.

I ONLY NEED HELP FINDING THE DOLLAR SALES NEEDED TO ATTAIN TARGET

Lindon Company is the exclusive distributor for an automotive product that sells for $28.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $147,000 per year. The company plans to sell 19,500 units this year. Required: 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal places.) 2. What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $63,000 per year? 4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $2.80 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $63,000? 1. Variable expense per unit 2. Break-even point in units 19.60 17,500 $490,000 25,000 $700,000 13,125 $367,500 Break-even point in dollar sale 3. Unit sales needed to attain target profit Dollar sales needed to attain target profit 4. New break-even point in unit sales New break-even point in dollar sales Dollar sales needed to attain target profit

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