Clydes Marina has estimated that fixed costs per month are $300,000 and variable cost per dollar of
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Clyde’s Marina has estimated that fixed costs per month are $300,000 and variable cost per dollar of sales is $0.40.
Required
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 $60,000?
c. For the month of July, the marina anticipates sales of $1,000,000.What are the expected level of profit?
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a Given that variable cost per dollar of sales is 40 the contribution marg...View the full answer
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