Determine for the unit sales

Assignment Help Business Economics
Reference no: EM131203763

Lin Corporation has a single product whose selling price is $140 and whose variable expense is $70 per unit. The company’s monthly fixed expense is $32,250.

1. Using the equation method, determine for the unit sales that are required to earn a target profit of $8,000.

2. Using the formula method, determine for the unit sales that are required to earn a target profit of $8,700.

Reference no: EM131203763

Questions Cloud

Analyze a security issue surrounding globalization : Analyze a security issue surrounding globalization. Describe the security issue, and based upon what you learned within this unit, provide at least two probable solutions to this global security problem.
Responsibilities of the center for medicaid and medicare : What are the responsibilities of the center for medicaid and medicare?
Find the current through each element of the networks : Using the super mesh approach, find the current through each element of the networks of given figure.
Central component of its strategic plan : A vision is intended to provide direction to an organization. However, some organizations create vision statements but do not work to ensure that the vision statement is an integral component of the organization's strategy. Explain how an organiza..
Determine for the unit sales : Lin Corporation has a single product whose selling price is $140 and whose variable expense is $70 per unit. The company’s monthly fixed expense is $32,250. Using the equation method, determine for the unit sales that are required to earn a target pr..
Contrasts between especially and less effective organization : Given that this is the case, the question arises as to what is the best or rather most appropriate strategy, for an NPO to manage the diverse and complex needs of its various stakeholders, so that the organization's funding cycle remains intact..
Pure strategy nash equilibrium : Econ6008 - What would this model predict about the relative ease of sustaining collusion in expanding and declining industries and
Should elizabeth stay with her company why or why not : Should Elizabeth stay with her company? Why or why not? What are your own views on "anti-fraternization policies"? Should all organizations have them? Why or why not?
Determine the triangular arbitrage profit : You are a currency trader that is always seeking to make triangular arbitrage profits in the FX market. You notice the following quotes by three different banks today. Determine if there is or there is not an opportunity to make arbitrage profit. If ..

Reviews

Write a Review

Business Economics Questions & Answers

  An open economy with a fixed exchange rate

An open economy with a fixed exchange rate follow a money growth rule successfully if capital moved freely across its borders..

  Question 1the difference between game trees and decision

question 1the difference between game trees and decision trees isselect onea. that game trees are not useful in

  Balanced budget increase

Consider the economy described in Box 1. Consider also a “balanced budget” increase in G and T (in other words, G and T both rise by the same amount). Each increase of 1 unit in G and T will a) increase r by .005 b) increase r by .015 c) decrease r b..

  Discuss the role of risk and return

Discuss the role of risk and return in the pharmaceutical industry. In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expendit..

  Suppose the income elasticity of demand for toys

Suppose the income elasticity of demand for toys is +2.0. This means that: If the income elasticity of demand for margarine is -5.00, this means that:

  Would the formation of a customs union

Other things equal, would the formation of a customs union with many members be more likely or less likely to improve welfare for a given member country than the formation of a customs union with only a few members? Why or why not?

  Evaluate competitors existing production in chosen country

Evaluate the competitors' existing production in the chosen country. Evaluate forecast sales in the selected country. Determine the type of economy that exists in your selected country.

  Considering in europe expanding sales

You are the manager of global opportunities for a U.S. manufacturer, who is considering in Europe expanding sales.

  Explicidate a profit-maximizing bundle will not exist

Explicidate that a profit-maximizing bundle will typically not exist for a technology that exhibits increasing returns to scale as long as there is some point that yields a positive profit.

  Long run monopolistic competition is inefficient because

It has been argued that in the long run monopolistic competition is inefficient because

  Desired reserve ratio

Riley deposits $4,000 cash in her checkable deposit at Fershur Bank. If the desired reserve ratio is 5%, Fershur Bank’s

  Two identical firms have access to a spring

Two identical firms have access to a spring. Their marginal cost of bottling water from the spring is a constant 10¢ per bottle. The market demand for bottled spring water is P = 250−20Q, where P is the price (in cents per bottle) and Q is the quanti..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd