Managerial Accounting problem - Answer the exercise and describe how it is solved, thanks Use the below image and solve the What If section

Exercise 4-12 CVP Analysis, Profit Equation Lake Stevens Marina has estimated that fixed costs per month are variable cost per dollar of sales is$0.30 $350,000 and Required a. What is the break-even point per month in sales dollars? Selling price per dollar of sales Variable cost per dollar of sales Contribution margin per dollar of sales $ 1.00 0.30 $ 0.70 Break-even point $ 350,000 0.70 $500,000 b. What level of sales is needed for a monthly profit of $70,000? $350,000 +70 Sales required$ 420,000 0.70 $600,000 c. For the month of July, the marina anticipates sales of expected level of profit? $1,000,000. What is the 1,000,000 $1000000.00 0.30 -350,000 Expected profit $ 700,000 $350,000 $350,000 What-if? Consider the following after you have completed the requirements of E4-12 Determine the effect on the break-even point in sales dollars considering each of the following independently. 1. Total fixed costs increase to $365,000. Break-even point 2. Variable costs decline to $0.25 per sales dollar. Break-even point- 3. The anticipated sales volume increases to $1,100,000 Break-even point