Clydes Marina has estimated that fixed costs per month are $303,300 and variable cost per dollar of

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Clydes Marina has estimated that fixed costs per month are $303,300 and variable cost per dollar of sales is $0.40.

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a. What is the break-even point per month in sales dollars?

b. What level of sales dollars is needed for a monthly profit of $66,780?

c. For the month of July, the marina anticipates sales of $1,048,000. What is the expected level of profit?

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Managerial Accounting

ISBN: 978-0470578797

4th edition

Authors: James Jiambalvo

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Question Posted: Dec 03, 2011 07:16 AM

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Clydes Marina has estimated that fixed costs per month are $303,300 and variable cost per dollar of

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a Computation of the Break Even point in dollars Given information Fixed cost 303300 Variable cost p...View the full answer

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