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Lake Stevens Marina has estimated that fixed cost per month are $350,000 and variable cost per dollar of sales is $0.40. a.What is the break
Lake Stevens Marina has estimated that fixed cost per month are $350,000 and variable cost per dollar of sales is $0.40.
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 is the expected level of profit?
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