CVP Analysis, Profit Equation [LO 3] Clyde's Marina has estimated that fixed costs per month are $305,040

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CVP Analysis, Profit Equation [LO 3] Clyde's Marina has estimated that fixed costs per month are $305,040 and variable cost per dollar of sales is $0.40.

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

2. What level of sales dollars is needed for a monthly profit of $59,340?

3. For the month of July, the marina anticipates sales of $1,010,000. 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: Apr 13, 2012 06:47 AM

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CVP Analysis, Profit Equation [LO 3] Clyde's Marina has estimated that fixed costs per month are $305,040

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1 Computation of the Break Even point in month Sales dollars Given information Fixed costs per month ...View the full answer

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