EXERCISE 5-14Break-Even and Target Profit Analysis [Q LO5-3, Q LO5-4, Q LO5-5, Q LO5-6] Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit and has a CM...

Extracted text: EXERCISE 5-14Break-Even and Target Profit Analysis [Q LO5-3, Q LO5-4, Q LO5-5, Q LO5-6] Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit and has a CM ratio of 30%. The company's fixed expenses are $180,000 per year. The company plans to sell 16,000 units this year. Required: 1. What are the variable expenses per unit? 2. What is the break-even point in unit sales and in dollar sales? (use the formula method or the equation method) File Upload Text Entry Website URL Google Doc Box Google Drive Office 365 Upload a file, or choose a file you've already uploaded. 1Upload File A Use Webcam + Add Another File Click here to find a file you've already uploaded Comments... 41°F Mostly cloudy