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posted a question Jul 06, 2012 at 10:41am
Liman Corporation has a single product whose selling price is $140 and whose variable expense is $60 per unit. The company’s monthly fixed expense is $40,000.

Using the formula method, determine for the dollar sales that are required to earn a target profit of $8,000. (Do not round intermediate calculations. Omit the "$" sign in your response.)

Dollar sales $
Expert answered the question Jul 07, 2012 at 8:50am
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iman Corporation has a single product whose selling price is $140 and whose variable expense is $60 per unit. The companys monthly fixed expense is...