The equation method solve for the unit sales that are


Liman Corporation has a single product whose selling price is $140 and whose variable cost is $60 per unit. The company's monthly fixed expense is $40,000.

Required:

1. Using the equation method, solve for the unit sales that are required to earn a target profit of $6,000.

2. Using the contribution margin approach, solve for the dollar sales that are required to earn a target profit of $8,000.

Solution Preview :

Prepared by a verified Expert
Cost Accounting: The equation method solve for the unit sales that are
Reference No:- TGS0822764

Now Priced at $20 (50% Discount)

Recommended (92%)

Rated (4.4/5)