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 $

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 $

Please find... View Full Answer

**Download Preview:**

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...