Phildor Inc. has estimated that fixed costs per month are $79,200 andhis variable cost per dollar of sales is $0.52.

Instructions:

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

2)What level of sales is needed for a monthly profit of $24,000?

3)For the month of August, the company anticipates sales of $240,000. What is the expected level of profit?