Liest Corporation produces and sells a single product whoseselling price is $100.00 per unit and whose variable expense is$48.00 per unit. The company's monthly fixed expense is$244,400.
Required:
a. Assume the company's monthly target profit is $5,200.Determine the unit sales to attain that target profit. Show yourwork!
b. Assume the company's monthly target profit is $26,000.Determine the dollar sales to attain that target profit. Show yourwork!
Liest Corporation produces and sells a single product whoseselling price is $100.00 per unit and whose variable expense is$48.00 per unit. The company's monthly fixed expense is$244,400.
Required:
a. Assume the company's monthly target profit is $5,200.Determine the unit sales to attain that target profit. Show yourwork!
b. Assume the company's monthly target profit is $26,000.Determine the dollar sales to attain that target profit. Show yourwork!
Related questions
8) Hounshell Corporation produces and sells a single product. Dataconcerning that product appear below: |
| Selling price per unit | $ | 136.00 |
| Variable expense per unit | $ | 50.30 |
| Fixed expense per month | $ | 338,960 |
Required:
| a. | Assume the company%u2019s monthly target profit is $20,980.Determine the unit sales to attain that target profit. |
| Unit sales to attain target profit | units |
| b. | Assume the company%u2019s monthly target profit is $7,760.Determine the dollar sales to attain that target profit. (Round your answer to the nearest dollar amount. Omit the "$" signin your response.) |
| Dollar sales to attain target profit | $ |
| 9) Yerkes Corporation makes a product that sells for $123 per unit.The product%u2019s current sales are 36,700 units and itsbreak-even sales are 26,466 units. |
| Required: |
| Compute the margin of safety in both dollars and as a percentage ofsales. (Omit the "$" and "%" signs in your response.) |
| Margin of safety (in dollars) | $ |
| Margin of safety percentage | % |
| | |
