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:
$$\begin{array} { | l | r | } \hline \text { Selling price per unit } & \$ 230.00 \\\hline \text { Variable cost per unit } & \$ 92.00 \\\hline \text { Fixed cost per month } & \$ 621,000 \\\hline\end{array}$$
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.