Calculate the expected level of profit


Clyde's Marina has estimated that fixed costs per month are $302,580 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 $58,500?

3.For the month of July, the marina anticipates sales of $1,038,000. What is the expected level of profi?

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Accounting Basics: Calculate the expected level of profit
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