Hounshell Corporation produces and sells a single product.Data concerning that product appear below: 
Required:
a.Assume the company's monthly target profit is $20,880.Determine the unit sales to attain that target profit.Show your work!
b.Assume the company's monthly target profit is $6,960.Determine the dollar sales to attain that target profit.Show your work! 
Definitions:
Weighting Scheme
A method of assigning different weights or importance to various elements or criteria in order to calculate a composite score or make decisions.
Exponential Smoothing
A technique used in time-series analysis to smooth data and forecast by giving greater weight to more recent observations.
Exponential Smoothing Forecast
A time series forecasting method that applies decreasing weights to older data.
Previous Forecast Value
The forecast figure from the immediately preceding time period, used as a point of reference or comparison for current forecasting activities.
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