Question: Managerial Accounting problem - Solve the exercise below (parts a, b, c), thanks Exercise 4-12 CVP Analysis, Profit Equation Lake Stevens Marina has estimated that
Managerial Accounting problem - Solve the exercise below (parts a, b, c), thanks
Exercise 4-12 CVP Analysis, Profit Equation Lake Stevens Marina has estimated that fixed costs per month al $350,000 and variable cost per dollar of sales $0.30 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 Break-even point- b. What level of sales is needed for a monthly profit of $70,000? Sales required- c. For the month of July, the marina anticipates sales of $1,000,00Q. What is the expected level of profit? Expected profit
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