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Lake Stevens Marina has estimated that fixed costs per month are $350,000 and variable cost per dollar of sales is $0.30. What is the break-even
Lake Stevens Marina has estimated that fixed costs per month are $350,000 and variable cost per dollar of sales is $0.30.
- What is the break-even point per month in sales dollars?
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- What level of sales dollars is needed for a monthly profit of $70,000?
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- For the month of July, the marina anticipates sales of $1,000,000. What is the expected level of profit?
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