Grayson Corporation Produces and Sells a Single Product Required:
A

Essay

Grayson Corporation produces and sells a single product. Data concerning that product appear below:
$$\begin{array} { l r } \text { Selling price per unit } & \$ 230.00 \\\text { Variable cost per unit } & \$ \quad 92.00 \\ \text { Fixed cost per month } & \$ 621,000 \\\end{array}$$
Required:
a. Assume the company's monthly target profit is $69,000. Determine the unit sales to attain that target profit.
b. Assume the company's monthly target profit is $41,400. Determine the dollar sales to attain that target profit.