Liest Corporation Produces and Sells a Single Product Whose Selling

question 19

Essay

Liest Corporation produces and sells a single product whose selling 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 your work!
b. Assume the company's monthly target profit is $26,000. Determine the dollar sales to attain that target profit. Show your work!

---

Definitions:

Customer Service

Assistance and advice provided by a company to those people who buy or use its products or services.

Danger Zone

In food safety, the danger zone refers to temperatures between 40°F and 140°F where bacteria grow most rapidly, potentially leading to foodborne illnesses.

Competitor

An entity that operates in the same industry or market as another, offering similar goods or services.

OTC Model

A model where securities are bought and sold via a dealer network as opposed to on a centralized exchange.