Cart Corporation produces and sells a single product. Data concerning that product appear below:
Selling price per unit....... $230,000
Variable expense per unit..... $92,000
Fixed expense per month..... $621,000
Required:
a. Assume the company’s monthly target profit is $69,000. Determine the unit sales to attain that target profit. Please show all your work.
b. Assume the company's monthly target profit is $41,400. Determine the dollar sales to attain that target profit. Please show all your work.