Lin corporation has a single product whose selling price is $120 and whose variable expense is $80 per unit. the company's monthly fixed expense is $50,000.

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

unit sales:

requirement 2:
using the formula method, solve for the unit sales that are required to earn a target profit of $15,000.

units sold to attain the target profit:

See below.

Explanation:

The formula to calculate target profit is as follows,

Target sales = Fixed costs + Target profit / contribution per unit.

Contribution = 120 - 80 = $40

For 10,000 in profits,

Target units = (50000+10000)/40

Target units = 1500 units

For 15000 in profits,

Target units = (50000+15000)/40

Target units = 1625 units

Hope that helps.

answer; standing committee;

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it