Question: please if you can't answer all the questions, don't answer non. Thanks Lin Corporation has a single product whose selling price is $135 per unit

Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $81 per unit. The company's monthly fixed expense is $23,700. Required: 1. Calculate the unit sales needed to attain a target profit of $6,000. (Do not round intermediate calculations.) 2 Calculate the dollar sales needed to attain a target profit of $9,300. (Round your intermediate calculations to the nearest whole number.) units 1 Units sales to attain target profit 2 Dollar sales to attain target profit Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below. Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 28 $ 18 $ 8,100 960 Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (ie. 0.1234 should be entered as 12.34).) 1. Margin of safety (in dollars) 2 Margin of safety percentage
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
